Old Rocks
Diamond Member
China, like Bangladesh, has a very large amount of farmland that will be inundated as the sea rises. Also, they have a huge population that needs more power. So, since renewables are the least costly form of electricity generation, they are installing it faster than any other nation. In fact, faster than all the other nations put together;
www.carbonbrief.org
- China's solar installations soared to a new monthly record in May, as developers raced to complete projects ahead of upcoming regulations that could significantly reduce renewable energy prices.
- According to data from the National Energy Administration, the country added 93 gigawatts of solar capacity last month—four times the amount installed in May 2024, Bloomberg reported.
- This surpasses the previous monthly record of 71 gigawatts, set in December.
- Remarkably, China installed more solar power in May alone than any other country did throughout all of 2024, according to BloombergNEF.
- Relevant stocks in focus: Nextracker (NXT), Sunrun (RUN), SolarEdge Technologies (SEDG), FTC Solar (FTCI), Enphase Energy (ENPH), First Solar (NASDAQ:FSLR), Sunnova (NOVA), Maxeon Solar Technologies (MAXN).
Q&A: How is climate change affecting China’s cropland? - Carbon Brief
Wha is happening to China’s arable land? And how does China plan to minimise the negative impacts of climate change on its wider food system?
