CNN —China is on track to double its wind and solar energy capacity and hit its 2030 clean energy targets five years early, a new report has found. Solar capacity in China is now greater than the rest of the world combined. “China is rapidly and successfully scaling up its deployment of renewable power and has become the largest investor into renewables globally. This is both a cause and consequence of rapidly falling costs of renewable energy as compared to coal power,” he said. Tsang hopes that relative cheapness of renewable energy will persuade China to kick its coal habit.

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Persons: Dorothy Mei, ” Martin Weil, Xi, Greg Baker, Byford Tsang, ”, Tsang Organizations: CNN, Global Energy Monitor, Center for Research, Energy, Clean Air, Getty, IEA Locations: China, Beijing, AFP, ERG