China's installed capacity of renewable energy registered double-digit growth in the first five months of the year as the country strived to reach its carbon peaking and carbon neutrality goals.
The Chinese news agency, Xinhua reported on Saturday.
In the January-May period, the capacity of wind power jumped 17.6 per cent year on year to around 340 million kilowatts, while solar farms saw capacity hit 330 million kilowatts, an increase of 24.4 per cent, according to the National Energy Administration.
By the end of May, the country's total installed power generation capacity reached about 2.42 billion kilowatts, rising 7.9 per cent from a year ago, the data showed.
China has announced that it will strive for peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060.
The country is forging ahead in renewable energy development to improve its energy structure.
According to an action plan released last year, it aims to increase the share of non-fossil energy consumption to around 25 per cent by 2030.
The UAE and Argentina have announced the launch of negotiations for a Comprehensive Economic Partnership Agreement (CEPA), marking a new step in efforts to deepen trade and investment relations.
Meraas, part of Dubai Holding Real Estate, has awarded a contract worth nearly AED 1 billion to GCC Contracting to build 272 villas and townhouses in Phase 7 of Nad Al Sheba Gardens.
Meta CEO Mark Zuckerberg on Wednesday has unveiled a small handheld gadget called Meta Charm for using its new Muse AI assistant, taking the company's hardware efforts beyond its successful smart glasses.
The Central Bank of the UAE has imposed strict enforcement measures on the UAE branches of Bank Melli Iran following violations of regulatory requirements, including legislation related to anti-money laundering and combating the financing of terrorism and proliferation financing.
A free trade agreement between India and New Zealand, signed in April, will come into force on October 20, Indian trade minister Piyush Goyal said on Monday, as New Delhi seeks to boost exports and attract investment amid shifts in global trade.
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