Two departments promote the renewal of wind power equipment. The industry is expected to release 10GW of capacity.

①The National Development and Reform Commission and the National Energy Administration encourage the transformation and upgrading of wind farms that have been in grid operation for more than 15 years or have a single unit capacity of less than 1.5 megawatts. ②Industry insiders said that the scale of wind turbines meeting the above conditions is about 10GW, and starting from 2025, it will usher in a peak of wind turbine decommissioning.

cls.cnAug 21 06:12 ET

Two departments: The investment scale of energy-intensive equipment in key areas is expected to increase by more than 25% from 2023 to 2027.

By 2027, the investment scale of equipment in key areas of energy will increase by more than 25% compared to 2023. The key focus is on promoting the implementation of energy-saving transformation, heating transformation, and flexibility transformation of coal-fired power plants. Transmission and distribution, wind power, solar power, hydropower and other areas will achieve equipment renewal and technological transformation.

cls.cnAug 21 04:45 ET

Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?

The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.

wallstreetcnJun 19 07:52 ET

The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row

The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.

wallstreetcnMay 22 19:15 ET

China's renewable power generation | Expected to remain profitable in 2023Q2

ETFWorldSaviorJul 19, 2023 05:41 ET

Datang Renewable (01798 HK) | Strong 1Q23 Results; Promising Improvement in Earnings Profile Driven by Ongoing Operational Optimisation

ETFWorldSaviorJun 9, 2023 06:08 ET