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2017-07-21 08:50:00

CHINA'S RENEWABLE UP

CHINA'S RENEWABLE UP

CHINA'S SOLAR RESOURCE

SHANGHAIDAILY - CHINA'S installed solar power capacity surged over the first half year amid shrinking costs and government policies.

Over the first six months, 23.6 gigawatts of solar power were installed, 34.2 percent higher from a year ago, UBS said yesterday, adding that it was "far more than expected as most domestic analysts predicted at the beginning of the year that only 20-25 gigawatts would be added for the whole year."

Of the installed solar capacity over the first half year, 7 gigawatts was by rooftop panels at consumers' homes, up from below 2 gigawatts a year ago, according to the China Electricity Council.

Alex Liu, UBS analyst, predicted that up to 40 gigawatts of solar power are expected to be installed across China this year, said Alex Liu, analyst at UBS.

Shrinking costs have powered the growth of solar power. Five years ago it cost around 1.5 yuan (22 US cents) to generate a kilowatt-hour of solar power. By the end of last year it cost under 0.6 yuan per kwh, Liu said.

China is also spurring solar power development by giving grants for solar projects and promoting installations in remote and undeveloped regions.

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Earlier: 

CHINA'S ENERGY DEMAND UP 

RUSSIAN GAS FOR CHINA 

AUSTRALIA - CHINA LNG UP 

CHINA'S RENEWABLE INVESTMENT: $368 BLN 

CHINA: THE TOP BUYER ANEW 

U.S. - CHINA TRADE DEFICIT: +13.8% 

CHINA'S OIL & GAS REFORM

 

 

Tags: EXXON, MOBIL, INDONESIA, GAS
CHINA'S RENEWABLE UP September, 21, 11:00:00

OIL PRICE: NEAR $79 STILL

CHINA'S RENEWABLE UP September, 21, 10:55:00

RUSSIA'S OIL PRODUCTION: 11.3 MBD

CHINA'S RENEWABLE UP September, 21, 10:45:00

UNEXPECTED OIL PRICES

CHINA'S RENEWABLE UP September, 21, 10:40:00

OIL MARKET UNCERTAINTY

CHINA'S RENEWABLE UP September, 21, 10:35:00

OPEC-NON-OPEC DECISIONS

CHINA'S RENEWABLE UP September, 21, 10:30:00

U.S. CAPITAL EXPENDITURES UP

All Publications »

Chronicle:

CHINA'S RENEWABLE UP
2018, September, 21, 10:25:00

U.S. ENERGY CASH: $119 BLN

U.S. EIA - Energy companies’ free cash flow—the difference between cash from operations and capital expenditure—was $119 billion for the four quarters ending June 30, 2018, the largest four-quarter sum during 2013–18 Companies reduced debt for seven consecutive quarters, contributing to the lowest long-term debt-to-equity ratio since third-quarter 2014

CHINA'S RENEWABLE UP
2018, September, 21, 10:20:00

WORLD OIL DEMAND: 100.23 MBD

OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.

CHINA'S RENEWABLE UP
2018, September, 21, 10:15:00

IRAQ'S OIL: NO RECORD

ARAB NEWS - Oil exports from southern Iraq are heading for a record high this month, two industry sources said, adding to signs that OPEC’s second-largest producer is following through on a deal to raise supply and local unrest is not affecting shipments.

CHINA'S RENEWABLE UP
2018, September, 21, 10:10:00

NATURAL GAS EXPORT UP

PLATTS - The International Energy Agency expects the US to account for 75% of the global growth in natural gas exports over the next five years, a bullish outlook for LNG developers facing challenges at home getting projects off the ground and abroad with tariffs affecting trade flows.

All Publications »