MingYang Smart Energy has deployed energy storage technology at its 43MW Huian Quanhui offshore wind farm in Fujian, China’s. Quant-Cloud, a subsidiary of MingYang, developed the storage technology to enhance the typhoon resiliance capabilities of MingYang’s offshore wind turbines. An energy storage system is installed in the tower of each turbine to serve as […]
In 2018, China’s biomass power generation saw an 14% increase year-on-year, generating 90.6 billion kw of power. In the first quarter of 2019, biomass power generation increased by 16.7% year-on-year, reaching 24.5 billion kw. The biomass accounts for a growing proportion in China’s total renewable energy. In the first quarter of 2019, installed biomass capacity […]
China missed its energy efficiency goals in 2019, cutting the energy consumed per unit of gross domestic product by 2.6%, lower than its target of 3%, the country’s state planning agency said on Friday in a report to parliament. China aims to cut energy intensity by 15% from 2015-2020, but experts said it might struggle […]
On 11st May, China’s National Energy Administration (NEA) published its report on first quarter wind power grid connection. Statistics show in the first quarter, the country’s wind power added 2.36 million kilowatts to grid-connected power capacity, including 2.07 million kilowatts onshore and 290,000 kilowatts offshore. As of the end of March, the cumulative installed capacity of […]
IEA’S Global Energy Review 2020 shows major demand fall in all energy sectors around the world, with one exception being renewables. Demand for both oil and coal was hit hardly, which respectively fell by 5% and 8%. Electricity demand has been significantly reduced because of lockdown measures, with knock-on effects on the power mix, including coal, […]
The International Gas Union (IGU) has launched its annual LNG report for 2020. This report features key global LNG industry updates, right across its value chain, demonstrating yet another strong year of growth for this crucial segment of the natural gas sector. LNG continues to enhance global energy security and increase the flexibility of access […]
China is extending subsidies on new energy vehicles to 2022, with the stimuli for this year a mild drop of 10 percent from 2019, which is expected to alleviate the COVID-19 pandemic’s impact on car sales and fuel the budding sector’s development. The authorities originally planned to end this year the subsidies that have been […]
The International Energy Agency (IEA) report on key electricity trends in the world’s developed economies, released last week, shows renewable energy overtaking coal as a source of electricity generation for the first time in 2019. Natural gas took the top spot from coal in 2018 and last year coal-fired power production fell by the most […]
Demand for oil in April is forecast to drop by a record 29 million barrels per day (b/d), the International Energy Agency said Tuesday, part of a set of dire estimates that executive director Fatih Birol described as “staggering.” The IEA estimates total global oil demand for the year overall will drop by a record […]