China's solar industry is expected to embrace faster growth against the background that China aims to have carbon emissions peak before 2030 and achieve carbon neutrality before 2060, according to experts at a recent photovoltaic conference in Jintan, China.
To achieve the country’s carbon neutrality goal, China's energy structure will experience fundamental changes, with the share of fossil energy in the primary energy mix declining sharply while the share of renewables, such as solar and wind power, grows at a fast pace, said Zhou Dadi, deputy president of China Energy Research Society, at the Jintan Photovoltaic New Energy Development Summit.
“China should rapidly increase the share of non-fossil energy in its primary energy consumption to achieve carbon neutrality goal, especially promoting the decarbonization of power generation industry,” said Liu Yiyang, deputy secretary-general of China Photovoltaic Industry Association.
On this expectation, renewa