What if you could build solar energy out of solarium?
That’s what a new solarium joint venture is trying to do.
Solarium’s subsidiary Solarium Energy Investment Co., or SOLIC, has been trying to buy and sell solarium for about a year, hoping to expand its solar energy portfolio into China.
The company’s goal is to create a “major, new solar energy market” for China, Solarium said in a statement to The Wall Street Journal.
SOLIC is the world’s largest solar energy company.SOLIC’s chief executive, Chen Zhe, said in an interview with The Wall St Journal that his company wants to establish a solar energy trading platform for China.
Solarium also plans to use SOLIC’s solar energy to power the grid in China, and SOLIC plans to open solarium-related enterprises in China and other developing countries.
The new venture is a big deal for China and for SOLIC.
Solaris also has a partnership with China’s state-owned power giant, China Southern Power Corp.
Solaris plans to invest about $10 billion in solar energy projects in China over the next decade.
SOLIFIES solarium is a company focused on developing solar energy products in China.
SOLICS solarium has also partnered with the Chinese government to set up a solar-powered transportation network.
The solar energy industry in China is a huge one, with more than one billion people now living in solar power.
Solar energy accounts for roughly 15 percent of the country’s total energy demand, and Chinese leaders want to increase the amount of solar energy in the country.
China has said it aims to achieve 100 gigawatts (GW) of solar power by 2030, and to increase that to 20 GW by 2030.
China’s government has also launched a campaign called the “China Energy Belt” that includes projects in India, Brazil, South Africa, the Philippines, and Indonesia.