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China’s Renewable Energy Law passed in 2005 (amended in 2009) and provides an umbrella framework for regulating renewables. Now, under China’s 12th Five-Year Plan (12th FYP: 2011-2015), the country aims to source 11.4% of its primary energy from renewable sources by 2015, and 15% by 2020. The renewable energy target is further reinforced by the 12th FYP’s goal to reduce energy intensity by 16% and carbon intensity by 17%.
In March 2015, Elion Resources Group became the first Chinese company to join RE100 and publicly commit to becoming 100% powered by renewable energy. In November 2015, BROAD Group also joined.
But although the energy market is opening up to enable more corporate buyers to access renewable electricity in China, there are still limited options for companies to reach a 100% renewable target today.
RE100 is partnering with the Chinese Renewables Energy Association (CREIA) in China to help build understanding and capacity that will enable more companies to source renewable electricity.
China RE100 was launched in July 2015 to kick-start a series of capacity building workshops to help support companies understand how they can set 100% renewable electricity strategies.
For more information about RE100 in China contact Jenny Chu, The Climate Group.