China
China
China, an economic powerhouse, is the global leader in terms of renewable energy production and consumption, with the Asian giant accounting for more than a third of total solar capacity. The country is also expected to increase its solar capacity by up to 90 gigawatts in 2022.
Countries such as China and India, which experience serious air pollution in their cities, are focusing on renewable energy to fuel their growth and meet power demands in a sustainable way. And with solar power becoming more efficient and cost-effective, long-term strategies are being formulated by governments to phase out and reduce fossil fuels, replacing them with clean sources of energy.
Over the next few years, renewable energy generation is widely expected to significantly increase around the world, and we at Access Energy Technology Limited believe that solar power will experience the most growth. Our researchers anticipate solar power surpassing wind and hydro power by a substantial margin, with China leading the way.
Having extensively evaluated global markets and trends, we are fully committed to developing solar technology and expanding our solar operations.