On April 2, China Petroleum & Chemical Corporation, or Sinopec launched its Green Action Plan, aiming to become a clean, efficient and low-carbon enterprise by 2023.
According to the Plan, by 2023, Sinopec will see the share of its clean energy output exceed 50 percent of its total, with an annual natural gas production capacity of 40 billion cubic meters.
Sinopec plans to boost its geothermal heating capacity to 120-150 million square meters by 2023, providing geothermal heating to about 2.1 million urban residents.
From the Global Geothermal News archives:
- Thursday, March 22, 2018 - China: Sinopec Green Energy Geothermal Co to Develop District Heat Projects in Capital Region
- Friday, December 15, 2017 - China: Development Bank Funds Geothermal-Based District Heating Showcase
- Monday, November 27, 2017 - China: Sinopec to Boost Geothermal District Heating to Mitigate Pollution
- Tuesday, October 3, 2017 - China: State Increases Support for Geothermal Energy