China Hailed As World's Largest Solar Power Producer, Effects On Its Economy Discussed
Not only is China the world's most populous country, it's now also the world's biggest producer of solar energy. On Saturday, the National Energy Administration (NEA) confirmed that the nation officially claimed the title after doubling its already-installed photov oltaic (PV) capacity last year.
China Is World's Leading Solar Energy Producer
According to DigitalTrends, by the end of 2016, China's capacity has eclipsed 77.42 gigawatts, and while this is great in terms of raw numbers, it's a lot less impressive if we relate it to the country's massive population. As it stands, solar energy actually represents only one percent of the country's total energy output.
But this may soon change as China focuses more and more of its attention towards cleaner energy. The NEA says that China is looking forward to adding more than 110 gigawatts within the next three years, which could enable China to up the proportion of its renewable energy use to 20 percent by 2030.
Today, it currently stands at 11 percent.
China's Location Vital Towards Solar Energy
China's geography is certainly helping large solar energy farms. Last year, Shandong, Henan, and Xinjiang provinces enjoyed the greatest increase in their solar capacity, whereas Gansu, Xinjiang, Qinghai, and Inner Mongolia ended up with the most overall solar capacity at the end of 2016.
China Looking Forward To Investing In Cleaner Energy
Influencing itself off of fossil fuels would need quite a hefty investment, which is one that China appears ready to make. As per an Engadget report, the nation will be investing about 2.5 trillion yuan ($364 billion USD) into renewable power generation by the end of the current decade.
This dedication towards environment-friendly energy sources could influence other nations around the world to do the same. Ireland has already passed a bill that would make it the first country to divest from fossil fuels.
Tesla Powers LA Homes, Thanks To Its Battery Cell Technology
Tesla has developed and installed a power storage facility and is now currently running at the Southern California Edison's Mira Loma Substation in Ontario California. This battery cell technology that they developed is also powering a lot of Los Angeles' homes.
CEO Elon Musk Explains The Meaning Behind Tesla Logo
A logo can potentially explain everything about a company. This is the reason why many people are asking about the meaning of the Tesla Motors logo, which, though looks much like the letter "T" for Tesla, holds a deeper meaning to it than what people already know.
SpaceX Rocket Explosion Affects Tesla's Ambitious Plans
Despite the seeming technological breakthroughs that SpaceX is experiencing together with the other companies like Tesla and SolarCity - which are under Elon Musk - challenges seem to be sprouting in every direction.
OnePlus 5 Revealed In TV Ad, Flagship Killer Reaches 300,000 Online Registrations
A surprise TV ad shown in India revealed what the OnePlus 5 looks like while over in China, more than 300,000 have already registered for the flagship killer.
Apple's iPhone Is No Longer China's Favorite
Apple is experiencing serious competition in Greater China from homegrown brands.
MORE IN ITECHPOST
Welcome To InsurTech: The Next Generation of Insurers
With how quickly technology has advanced in the past couple of decades, it's no wonder that it is changing many industries as we know it. Insurtech is sure to give insurance companies a new look and a modern business model to go by.
How Do Personal Emergency Response Systems Work?
Personal emergency response systems, known as PERS for short, are systems that help people to raise the alarm and get immediate help when a medical or personal emergency occurs. They are ideal for older people and anyone with a mobility issue or an injury or illness that can cause falls.
Game Developers’ Different Roles in the Studio
Learn about the different professionals involved in developing video games. Becoming a game developer is one of the coolest jobs around and your 14-year-old self, perched on the edge of your bed as you play PlayStation, will thank you for making such an awesome career move.
Surviving Your First Year of College
You Did It! You’re Off to College! Congratulations! You have finished high school and are off to college. The sense of accomplishment is overwhelming, and you have not even graduated yet! However, beware of the pitfalls. The allure of going to college is often associated with one word—freedom. You are leaving home to be on your own. You can have all the friends you want, stay up as late as you want, and perhaps spend as much money as you want. If you keep your head, you can avoid the problems associated with college life.