China in World Press: Goldman Sachs sees China's energy transition faster than expected -- Bloomberg-Xinhua

China in World Press: Goldman Sachs sees China's energy transition faster than expected -- Bloomberg

Source: Xinhua

Editor: huaxia

2023-03-17 15:08:16

China installs more wind turbines and solar panels, helping drive it toward energy self-sufficiency, according to Goldman Sachs Group Inc., Bloomberg reported.

Falling costs will make around-the-clock clean power increasingly profitable, leading to the rapid deployment of renewables and batteries, analysts including Nikhil Bhandari at Goldman Sachs said in a report.

Produced by Xinhua Global Service

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