Reported 2 days ago
China's push for green energy faces hurdles due to solar overcapacity, declining power prices, and ongoing fossil fuel reliance. With over $800 billion spent on renewable energy, experts warn that balancing ambitious climate goals with energy security is crucial. The rise in clean energy is straining the grid, leading to negative electricity prices and curtailments in solar projects. Despite expected installations of 300 gigawatts of renewables annually, the country must invest heavily in transmission and storage to manage energy intermittency.
Source: YAHOO