China's wind turbine makers are profitable. Don't believe what you hear otherwise.
Climate Change and Renewable Energy News and Discussion
- Thread starter FairAndUnbiased
- Start date
China's wind turbine makers are profitable. Don't believe what you hear otherwise.
Mingyang with huge investment in green hydrogen production projects and equipments and factories.
Big project announced for Envision group in green ammonia. 300k ton per year in Jilin.
Mingyang picked up almost 10GW of order already this year. That's huge. And it only installed 4GW so far. The market for Chinese wind turbines is robust.
offshore wind + fish farm coming to reality in CGN's project
Okay, I am as impressed as anyone about China's massive renewable buildout but it still needs to be called out over this nonsense. Yes, proposals aren't the same as final decisions but still. Notice that this isn't a question about income. Most low-income countries have stopped building coal. It's not enough that the relative share is declining. The absolute amount has to decline.
Ever heard of the term “base load”? Renewables are called dirty power because they are too unstable.
Building more coal for “base load” doesn’t solve anything. Renewables can be made very stable through distribution and storage, and that is happening in many countries that are building such systems.