The rapidly changing face of Chinese electricity generation has been highlighted by two landmark agreements involving the world’s largest solar manufacturer, Yingli, and two state-owned coal and nuclear energy operators.
Last week, Yingli announced a partnership with Datong Coal Mine Group, the third largest state-owned coal miner in the country, to develop up to 100MW of distributed solar in Shanxi Province.
The distributed generation market, which is tipped by some analysts to account for up to one third of generation capacity in some major markets. The fact that coal and nuclear companies, whose interests have focused on centralized generation for the last few decades, are now interested in decentralized energy suggests that they, too, spot the trend and want to make sure they are part of it.
The Chinese electricity generation model evolves from centralized Uranium and Carbon to “hybrid” decentralized clean energy.