China Accelerates Grid Projects to Keep Up With Renewables Boom
- Solar farms forced to unplug because of excess generation
- Battery capacity could double this year, says Jefferies
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China is ramping up investments in grid infrastructure to keep pace with a record-setting boom in renewables that has put the electricity network under unprecedented strain.
The National Energy Administration said this week it will accelerate transmission projects, with the goal of completing 37 major power lines and starting construction on another 33 by the end of the year. It follows a State Council directive to increase the national target for battery storage capacity by 2025.