China, the world's biggest clean-energy investor, lowered its solar and wind power targets for 2020, a reflection of how record installations of renewables have overwhelmed the ability of the nation's grid to absorb the new electricity.
China is now aiming for 110 gigawatts of solar power by 2020, a 27 percent reduction from an earlier target, according to a webcast posted on the website of the National Energy Administration that cited the agency's chief engineer, Han Shui. The nation reduced its goal for wind power by 16 percent to 210 gigawatts.
More from EnergyWatch
Now signed by the US president and thus fully formalized, the watered-down version of Biden’s climate campaign bill – full of compromises to get conservative Democrats on aboard and thus attracting critique from many observers – nonetheless contains the nation’s most sweeping legislation supporting the green transition to date, thereby on account of sheer size reviving some hope of averting the worst outcome for global climate.