Power surge: Workers at a wind farm in Jiuquan, China. The country is set to see rapid growth in renewable energy despite trade tensions with the United States. — Reuters
BEIJING: China’s energy sector is poised for further growth this year, fuelled by favourable policies that will expedite the country’s shift toward renewable energy sources, even as it navigates challenges like demand-supply imbalances and trade barriers, say experts.
This growth is not only evident in increased installed capacity, but also in the utilisation of renewable energy, enhanced private-sector involvement in major projects, advancements in technology research and development, and the active overseas operations of businesses, they said.
