China solar, wind to attract $780 billion investment by 2030
Original story at Reuters• 28 mentions • 3 months ago
Reuters 3 months ago
SHANGHAI China's wind and solar sectors could attract as much as 5.4 trillion yuan ($782 billion) in investment between 2016 and 2030 as the country tries to meet its renewable energy targets, according to a research report published on Tuesday. China has pledged to increase non-fossil fuel energy to at least 20 percent of total consumption by the end of the next decade, up from 12 percent in 2015, part of its efforts to tackle air pollution and bring carbon dioxide emissions to a peak by around 2030. To do that, China would need to raise wind and solar power's ...