Massive Renewable Energy Project Planned by Chinese Energy Companies

Chinese power and energy investment companies, China Longyuan Power Group Corporation and CHN Energy Investment Group, have announced a joint venture agreement to build an 11-gigawatt renewable energy generation base in the Badain Jaran Desert. The project, if approved, will be one of the world's largest renewable energy sites and will include thermal power, energy storage, and solar thermal projects. China is already the global leader in renewable energy spending and capacity additions, and this project further solidifies its position.