Bloomberg Adani Green Energy will invest $5.96 billion to execute what it called the world’s largest solar order. The company will build 8 gigawatts of generation projects, while group company Adani Solar will construct 2 gigawatts of manufacturing capacity for solar cells and modules, it said in a stock exchange filing. The project takes Adani Green closer to its goal ...

Bloomberg Shanghai’s municipal government will extend subsidies for solar and offshore wind through 2021 while ending those for onshore wind as it tries to meet its target for renewable energy generation. Solar and offshore wind projects will be able to receive a maximum subsidy from the city government of 50 million yuan ($7 million) in total over five years, the ...

Bloomberg China’s state-owned power giants have been asked to prepare reports on historical emissions that officials will use to set up the world’s largest carbon market, according to people familiar with the request. The China Electricity Council has asked firms for submissions by July, said the people, who asked not to be identified because the information isn’t public. The council ...