China to add 1,500 gigawatts of power capacity by 2030: study

China will add some 1,500 gigawatts of power production capacity by 2030 according to a report released by Bloomberg New Energy Finance. Although the world's biggest carbon emitter will continue to draw considerable capacity from coal-fired plants, about half of the new capacity will be generated from renewable sources. China will invest $3.9 trillion in new power plants and other electricity producing assets. (Business Recorder)


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