Despite the promise of stopping and focusing on transitional technologies in 2021, China is still building new coal power generation capacity abroad.
According to a new report from the climate think tank global energy monitor China participates in 88% of the new coal capacity projects in the new BRICS countries member. [emphasis, links added]
“While President Xi Jinping promised to end support for overseas coal projects, Chinese companies are supporting 7.7 GW of new coal, almost all found in Indonesia,” said the global energy custody company.
However, China also supports a large number of transitional capacity, accounting for about half of the built solar capacity, namely 947 MW, and close to 90% of wind power capacity or 90% of 601 MW.
The new BRICS members are Indonesia, Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, Uzbekistan and Nigeria.
New BRICS members' new power generation projects are mainly in the form of hydrocarbonsthe climate think tank also reported It points out that the total output of oil, gas and coal in 10 new members totaled 25 gw.
On the other hand, the wind and solar energy under construction are 2.3 gw.
Global energy surveillance firms also reported that nearly two-thirds of all new capacity in the new BRICS countries (hydrocarbons and their alternatives).
“There are real risks putting these countries on the wrong path by investing in coal, natural gas and oil,” the project manager of Global Energy Monitor told Reuters.
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