Chinas 🇨🇳 renewable installments in May are mind boggling! | Erik Solheim

Chinas 🇨🇳 renewable installments in May are mind boggling! Chinese companies installed 93 gigawatt of solar and 27 gigawatt of wind energy in a single month in May. That's about 230 million solar panels and 5300 wind turbines. That's almost 100 solar panels every second, and a wind turbine every 10 minutes. It’s more than nearly all nations have built in their existence. The numbers are simply astonishing. There may have been a little bump ahead of policy changes. But China added 198 gigawatt of solar and 46 gigawatt of wind in the first five months of the year. There is no reason to believe the speed will slow down. Peak coal is reached! When other nations abandon climate leadership, China steps up. Ten years ago solar and wind were too costly to really matter. Now it’s the cheapest energy anywhere. There are strong reasons for climate optimism. For more facts and analysis: Lauri Myllyvirta Sonia Dunlop Global Solar Council (GSC) Ben Backwell Bruce Douglas | 80 comments on LinkedIn