Clean energy companies in China are continuing to experience exponential growth since the original announcement this time last year by President Xi of the 2060 goals. LONGi Green Energy Technology Co, the global leader in manufacturing of solar modules is up around 50% in the last year, and the top wind turbine maker in China, Xinjiang Goldwind Science & Technology Co., is up over 80% over last year.
China Expanding Blue Skies Initiative to Curb Pollution
China has announced plans to extend its cutbacks on air pollution in advance of the Winter Olympics being held in Beijing this year.
The move is one that could have heavy impacts on the coal and steel industries, as the air particulate requirements would extend from the Beijing and Tianjin municipalities and include 62 cities in northern and central provinces. Among those areas are the cities of Tangshan and Handan, hubs of key steel production, and Shanxi, Shaanxi, and Henan, all of which are major coal-producing provinces.
