About Wind and Photovoltaic Power Generation Press Conference
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6 FAQs about [Wind and Photovoltaic Power Generation Press Conference]
Why is China exporting wind & photovoltaic power products?
China's wind and photovoltaic power products have been exported to more than 200 countries and regions, helping in part to greatly reduce the costs of electricity generation over the past 10 years, according to Pan.
How China's Wind and solar power companies expand their presence in the world?
Strengthened competitiveness has helped China's wind and solar power companies expand their presence in the world market. China-made photovoltaic modules, wind turbines, gear boxes and other key components accounted for 70 percent of the global market share last year, according to NEA data.
How has China's Wind and solar power industry impacted economic growth?
The rapid expansions of the wind and solar power industries have made significant contributions to China's broader economic growth. Data from the National Bureau of Statistics shows that in the first half of this year, China's output of photovoltaic cells and wind turbines increased 54.5 percent and 48.1 percent, respectively.
Are China's photovoltaic power companies developing a new technology?
"Chinese photovoltaic power companies are beefing up efforts to develop cells with different technologies that have more potential than conventional batteries in terms of conversion and cost efficiency," said Zeng Tao, chief analyst of power equipment and the new energy industry at the China International Capital Corporation.
What technology breakthroughs have been made in the wind power sector?
In the wind power sector, key technology breakthroughs such as the invention of super long blades have been made continuously, with China surpassing other international players in large-scale and floating wind power platform technologies, according to Li Chuangjun, director of the NEA's new energy and renewable energy department.
How important is China's Wind power industry?
China-made photovoltaic modules, wind turbines, gear boxes and other key components accounted for 70 percent of the global market share last year, according to NEA data. The rapid expansions of the wind and solar power industries have made significant contributions to China's broader economic growth.
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