China Pivots Toward Renewable Energy in Global Investments

China pivots toward renewable energy in global investments

China invested more in overseas wind and solar energy projects than in coal from 2022 to 2023, a first for its Belt and Road Initiative, though older coal projects are still coming online.Katie Surma, Georgina Gustin and Nicholas Kusnetz report for Inside Climate News.In short:A Boston University analysis found 68% of China’s overseas energy investments in 2022–2023 went to solar and wind, up from just 13% between 2000 and 2021.While new coal pl…

A quantitative analysis of 10 multilateral development banks’ investment in conventional and renewable power-generation technologies from 2006 to 2015

Multilateral development banks (MDBs) play a pivotal role in the financing of electricity-generation projects in developing countries, thus having a major impact on the emission pathways of these countries. While information about the MDBs’ investments is publicly available, it is dispersed and hard to compare. A comprehensive compilation of all MDBs’ power-generation investments over the years has been missing. To address this gap, here we asse…

China Invests More in Solar and Wind Than Coal Overseas for the First Time: Report

Nearly 70 percent of China’s foreign power investments from 2022 to 2023 were in renewables like solar and wind, surpassing fossil fuels for the first time since Beijing started backing power projects overseas in the early 2000s, according to a new analysis from the Global Development Policy (GDP) Center at Boston University (BU). The shift highlights China’s increasing dominance in green energy technologies and the supply chains of critical min…

China Invests More In Solar And Wind Than Coal Overseas For The First Time: Report - Data Intelligence

An employee works on the production line of export-bound solar panels at a 5G intelligent workshop of Jiangsu Dongci New Energy Technology Co., Ltd. in Suqian, Jiangsu Province of China on Sept. 11, 2024. VCG / VCG via Getty Images Why you can trust us Founded in 2005 as an Ohio-based environmental newspaper, EcoWatch is a digital platform dedicated to publishing quality, science-based content on environmental issues, causes, and solutio…