CHINA TO SPEND $315 BN ON POWER GRID TO PUSH CLEAN ENERGY

Published:2015-09-07

 

China’s plans to build a safe and environmentally friendly smart-grid system by 2020 as it promotes the spread of clean energy got a boost with the government gearing up to spend at least 2 trillion yuan ($315 billion) to improve its power grid infrastructure over the next five years.


China has pledged to get 20 per cent of its energy by 2030 from renewable and nuclear power, almost double the current share.

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