China’s capacity to generate electricity from wind and the Sun will nearly triple to more than 1,200GW by 2030, as it increases the share of non-fossil fuels in its energy mix. Photo: Shutterstock Images
China Three Gorges Renewables’ IPO receives strong response from investors eyeing gains from China’s carbon neutrality push
- The company’s online retail tranche was oversubscribed 190 times, which has led it to allocate more shares to this portion
- Investors are quite enthusiastic about the renewable energy sector, which is being encouraged by Beijing, analyst says
China’s capacity to generate electricity from wind and the Sun will nearly triple to more than 1,200GW by 2030, as it increases the share of non-fossil fuels in its energy mix. Photo: Shutterstock Images
