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‘They must Scale Up:’ Greenpeace ranks China’s Technology Giants on the Renewable Energy

Greenpeace unconfined its pioneering renewable power ranking of biggest tech syndicates of China on Thursday. Syndicates such as Alibaba and Tencent are progressing in clean energy. However, they require doing much more. 

Ye Ruiqi, who is the Greenpeace East Asia climate and energy campaigner, stated that most of the biggest tech firms in China had made various progress on recyclable energy obtaining in the past years. However, they still delay their world peers. They should scale up their action and ambition.

The E-commerce hulk Alibaba, which is China’s biggest syndicate by market value, recorded 60 out of a probable 100 points on the ranking. Tencent, which is China’s second-biggest publicly listed firm, recorded a 52 on the report. 

Baidu and Huawei each recorded 46, as the E-commerce syndicate got just 12 points. Huawei is the only firm on the list to have set a reduction of greenhouse gas emission targets.

Software company Baosight Software, whose source syndicate is the  Fortune Global 500 syndicate Baowu Steel, owned by the state, made it to the bottommost of the ranking, recording only two points. 

Internet syndicates all over the world consume significant amounts of electricity through their statistics centers that host the computer servers storing and sharing websites and cloud information. 

The electricity consumption of the statistics sector in China expected to increase by 66 percent between current times and the year 2023. This is according to Greenpeace. The “dirty secret” of Internet firms is their vast power consumption, and currently, data centers of China operate on coal. 

The operator for China’s Microsoft data centers 21 Vianet, recorded 21 on the Greenpeace ranking, with nil points out of a probable 40 awarded for its recyclable power performance. 

Stagnant, there were exclusions in the sector of the data center. A data center operator Chindata Group that is currently looking for an initial public offering with support from the capital of Bain, was the uppermost scoring syndicate on the report, recording 80 points. 

Recommendations of Greenpeace

Greenpeace cooperated with the North China Electric Power University for the report that analyzed 15 of the largest cloud syndicates in China and data center operators and recorded them with the basis of their performance in recyclable energy, reduction of carbon and energy efficiency. 

The report examined factors such as government and industry influence, gauging firm cooperation with the local government, and the clean national energy enterprises. 

Martin Hill