News Snapshot:
The costs of solar and coal power in China could become comparable countrywide by 2023, a new US-China study has found, indicating that the country, the largest carbon emitter globally, could be at a tipping point towards transitioning to clean energy faster than expected. In two years, China will have the capacity to install solar power across the country at the same price as coal, and currently has that ability to do so in three-quarters of the country, the joint study found. “About 78.6% (79.7 PWh or petawatt-hour) of China’s technical potential will realise price parity to coal-fired power in...
