Released September 10, 2021 | BEIJING
en
Researched by Industrial Info Resources (Sugar Land, Texas)--China's installed capacity of pumped-storage hydropower will double from 31 gigawatts (GW) at the end of 2020 to more than 62 GW by the end of 2025, according to China's National Energy Administration. It will double again to 120 GW by 2030.
China aims to achieve net-zero carbon through newer energy sources, relying to date on wind and solar power. Authorities recently created a development database comprising 421 GW worth of major pumped-storage hydropower projects. Additionally, about 305 GW worth of potential projects can be rolled into the database if needed.
Industrial Info is tracking more than $277 billion worth of active hydropower projects across China. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a list.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
China aims to achieve net-zero carbon through newer energy sources, relying to date on wind and solar power. Authorities recently created a development database comprising 421 GW worth of major pumped-storage hydropower projects. Additionally, about 305 GW worth of potential projects can be rolled into the database if needed.
Industrial Info is tracking more than $277 billion worth of active hydropower projects across China. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a list.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.