Will the end of subsidies slow down photovoltaic projects in China?

The end of subsidies caused fears of a sudden slowdown in the roll-out of photovoltaic projects in the world’s largest polluter. China accounted for 29 per cent of global carbon dioxide emissions last year, according to the International Energy Agency, with its emissions having risen 2.5 per cent year-on-year.

Will China reach grid parity in the photovoltaic industry in 2019?

François Perrin, a Hong Kong-based portfolio manager at investment house East Capital, said, “The development of the photovoltaic industry over the last 20 years has been driven all the way by generous subsidies — 2019 will effectively be remembered as the year China reached grid parity in the PV industry.”

How many photovoltaic panels did China build in 2023?

In 2023, China built more than 216 gigawatts of photovoltaic panels, more than the entire capacity in the US. Translation of an original article published in French on lemonde.fr; the publisher may only be liable for the French version.

How does photovoltaic technology benefit future generations?

"The development of the photovoltaic industry, alongside desert control, benefits future generations," Qin noted, adding that the project not only generates electricity and stabilizes sand but also enhances local income levels. To support this project, related departments and enterprises also join in the irrigation efforts.

Can photovoltaic development be integrated with traditional sand control methods?

This initiative allows for the integration of photovoltaic development with traditional sand control methods in regions like Inner Mongolia, Gansu, Ningxia, Shaanxi and Qinghai.