In Short : China is solidifying its position as the dominant force in global clean energy, installing more wind and solar capacity in 2024 than the rest of the world combined. It now controls a majority share of key clean-tech manufacturing and exports, including solar panels and energy storage technologies.
Fueling Strategic Expansion and Innovation:
This dominance stems from a multi-decade push to build an extensive, highly integrated clean-tech ecosystem—from solar panel production to battery systems and EVs. China’s solar system drawing, manufacturing scale, and cost efficiencies have made renewable technologies affordable worldwide, especially in the Global South.
Preserving Equity While Growing Tech Capabilities:
While China still relies on coal for a sizable share of its energy, its massive investment in renewables has reduced clean-tech costs globally, ensuring broader access to solar energy, solar light, and solar systems. This accessibility supports equitable clean energy deployment—even in emerging economies
Clean Energy Impact / Relevance:
China’s leadership is reshaping global renewable markets. With roughly 74% of the world’s solar and wind projects under construction being financed or developed by Chinese entities, it’s the major force propelling the clean energy revolution forward.
About China’s Renewable Journey:
China invests more in the green energy transition than any other nation—more than double the next closest competitor—and has already surpassed its 2030 targets for renewables, with continued rapid growth in solar energy, solar panel capacity, and renewable infrastructure