SPIC to ramp up clean energy efforts

China's State Power Investment Corp has seen its installed capacity of clean energy reach 49.9 percent as of May, from 38.47 percent in 2014, and vowed to further boost the percentage of installed capacity in wind, hydropower, solar and nuclear power in the years to come.

It believes the clean energy installed capacity of the company would go up to 54 percent by next year, 60 percent in 2025 and 75 percent by 2035, the company said in its 2018 corporate social responsibility report released in Beijing on Friday, July 19.

The company invested 58.6 billion yuan ($8.52 billion) last year in clean energy, a figure accounting for 68 percent of the company's total investment.