"China's clean energy industries drove more than 90% of the country's investment growth last year, making the sectors bigger than all but seven of the world's economies, a new analysis has shown. For the second time in three years, the report showed the manufacture, installation and export of batteries, electric cars, solar, wind and related technologies accounted for more than a third of China's economic growth."
"The new analysis, produced by the Centre for Research on Energy and Clean Air and published in Carbon Brief, found that China's clean-energy sectors nearly doubled in real value between 2022 and 2025. Last year, they generated a record 15.4tn yuan ($2.2tn/1.6tn) of business, comparable with the GDPs of Brazil or Canada. This accounted for 11.4% of China's gross domestic product, up from 7.3% in 2022."
China's clean-energy industries provided more than 90% of national investment growth and accounted for over a third of economic expansion. Clean-energy sectors nearly doubled in real value between 2022 and 2025, generating a record 15.4tn yuan (about $2.2tn) and rising from 7.3% to 11.4% of GDP. Most added capacity serves domestic wind and solar rollouts, which recently outpaced the rest of the world combined. Battery manufacturing saw the most spectacular investment growth, enabling EV and grid-storage upgrades. Exports and solar manufacturing output also surged amid continued global demand.
Read at www.theguardian.com
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