Some absolutely staggering numbers in this report on China’s investments in clean energy in 2023:
$890bn investment in clean-energy is almost as large as total global investments in fossil fuel supply in 2023 – similar to the GDP of Switzerland or Turkey
The manufacturing boom has pushed down the cost of solar panels 42% year-on-year – a dramatic drop even compared to the historical average of around 17% per year, and battery by an even steeper 50%.
Add comment