Dominance Of China In Global Renewable Energy Technology

Renewable Energy in China

When it comes to China renewable energy sources and investment, no country can surpass China. They were already the world large domestic investors in renewable energy in 2015 spending some $102 billion.

Since then, they have only gone further to cement their world dominance and lead the likes of US, Australia, and the UK who are now at the risk of missing out on this rapidly expanding market.

According to IEEFA (Institute for Energy Economics and Financial Analysis), China’s dominance is no longer restricted to domestic investment but is fast spreading overseas. They have accelerated their foreign investment and continue to acquire renewable energy sources and supporting technologies around the world.

Read More