China to Invest $360 bln in Renewable Power in 2016-2020

12 Jan

oilandgaseurasia.com 10 Jan, 2017

China plans to invest $361 billion in renewable energy generation by 2020. The investment reflects Beijing’s focus on cutting the use of fossil fuels and combating pollution. Installed renewable power capacity in the world’s largest energy market including wind, hydro, solar and nuclear will make up half of all new electricity generation by 2020.

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