Tuesday, 02 January 2024 12:17 GMT

Could China's Renewable Energy Surge Wean It Off Coal Dependence?


(MENAFN- Investor Brand Network) China has made remarkable advancements in green energy over the past couple of decades that have made it a world leader in green energy. With the country already reaching its 2030 energy targets half a decade ahead of schedule, China's green energy surge may help the country taper its massive appetite for coal. The East Asian nation manufactures a significant portion of all the world's solar panels and wind turbines, making it an integral player in the global green energy infrastructure supply chain.

China has also monopolized the global supply chain for electric vehicles, EV batteries, and the critical minerals needed to manufacture these technologies. It is expected to retain its position leading the...

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