The world is rapidly heading for full electrification I'm picking some of the relative strength in today's market is because NIC's move into HPAL has found favour. It has with me too, my shares are voting for the proposal
Beijing’s solar and wind installation targets for the year were met by September, according to the report, and the market share of electric vehicles is already well ahead of the government’s 20% target for 2025.“These record additions are all but guaranteed to push fossil-fuel electricity generation and CO2 emissions into decline in 2024,” Lauri Myllyvirta, a lead analyst at the Centre for Research on Energy and Clean Air and the author of the report.
The most striking growth has been in solar power, according to Myllyvirta. Solar installations increased by 210 gigawatts (GW) this year alone, which is twice the total solar capacity of the US and four times what China added in 2020.
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