Policy

Landmark China renewable energy reform ‘borrows from UK CfD scheme’

Move to market-based mechanism comes after China comfortably cleared its 2030 target for wind and solar deployment last year

President Xi Jinping: China cleared its 2030 target of deploying 1.2TW of renewable energy five years early.
President Xi Jinping: China cleared its 2030 target of deploying 1.2TW of renewable energy five years early.Photo: European Union
Journalist
Published 10 February 2025, 11:06Updated 10 February 2025, 15:25
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