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China Power Seen Doubling With Renewables as Coal Holds Sway

China’s generation capacity will more than double to 2030, with half of all new plants powered by renewable energy and coal remaining the most important fuel, analysts said.

China may add 1,583 gigawatts of capacity and attract $1.4 trillion in renewables investment by that year, according to a Bloomberg New Energy Finance report. Coal will still account for more than 50 percent of power generation, the London-based researcher said.