China Races to Finish Molten-Salt Solar Plant as Stocks Whipsaw

AI Summary

China leads in solar energy deployment globally but faces challenges with infrastructure to support the capacity, leading to energy wastage. Beijing is developing a new molten-salt thermal solar plant to improve clean energy utility.

China has driven the world’s solar energy deployment, adding capacity at such a blistering rate that the nation’s existing and planned wind and solar generation nearly doubles the rest of the world put together. However, China’s deployment of supportive infrastructure for all that new solar has not kept pace, leading to curtailment during peak hours and increased quantities of wasted clean energy. But Beijing is working hard to fix that problem, and a brand new, state-of-the-art thermal solar farm may provide a critical solution.…