{"id":97594,"date":"2025-08-28T01:24:10","date_gmt":"2025-08-28T01:24:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/97594\/"},"modified":"2025-08-28T01:24:10","modified_gmt":"2025-08-28T01:24:10","slug":"china-is-driving-renewable-energy-growth-globally-its-also-the-worlds-biggest-coal-producer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/97594\/","title":{"rendered":"China is driving renewable energy growth globally \u2014 it\u2019s also the world\u2019s biggest coal producer"},"content":{"rendered":"<p class=\"css-fiuwhu\">The state of renewable energy in 2025 can be described by paraphrasing Charles Dickens: it\u2019s the best of times, it\u2019s the worst of times.<\/p>\n<p>Yesterday, <a href=\"https:\/\/about.bnef.com\/insights\/clean-energy\/global-renewable-energy-investment-reaches-new-record-as-investors-reassess-risks\/\" target=\"_blank\" class=\"css-uubm0\" rel=\"noopener nofollow\">new research<\/a> from BloombergNEF outlined that while global investments in renewable energy are hitting new highs, reaching a record $386 billion in the first half of the year, expenditure on renewable projects in America is slumping significantly.<\/p>\n<p class=\"css-fiuwhu\">The US saw the greatest drop in new renewable energy investment of any country in H1 2025, with recorded committed spending decreasing by $20.5 billion (down 36%) from the latter half of 2024. Per Bloomberg, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-26\/us-renewable-investments-fell-36-on-trump-s-policies-bnef-says?srnd=phx-industries&amp;embedded-checkout=true\" target=\"_blank\" class=\"css-uubm0\" rel=\"noopener nofollow\">wind and solar commitments<\/a> in particular fell to almost $35 billion \u2014 less than half the record-high ~$72 billion investment seen in H2 2023 \u2014 and wind investments alone were down 67% compared with the same period last year.<\/p>\n<p><img alt=\"US renewable energy investment\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><\/p>\n<p>Sherwood News<\/p>\n<p class=\"css-fiuwhu\">America\u2019s shift from green energy is in line with the Trump administration rolling back government subsidies funding renewables; in July, a huge spending package for solar and wind projects was slashed as part of the \u201c<a href=\"https:\/\/sherwood.news\/business\/trump-says-his-policies-will-lead-to-energy-dominance-experts-say\/\" target=\"_blank\" class=\"css-uubm0\" rel=\"noopener nofollow\">One Big Beautiful Bill Act<\/a>.\u201d <\/p>\n<p>A whole (re)new world<\/p>\n<p class=\"css-fiuwhu\">Though financing for larger projects has fallen \u201camid concerns over revenue risk,\u201d per <a href=\"https:\/\/www.axios.com\/2025\/08\/26\/us-investments-renewable-energy-projects-numbers\" target=\"_blank\" class=\"css-uubm0\" rel=\"noopener nofollow\">Axios reporting<\/a>, global investment in renewable energy projects is gaining momentum with the rise of smaller-scale projects&#8230; but mostly because China, the biggest energy consumer globally, is continuing to build its renewables capacity despite pressure from <a href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/chinas-solar-industry-losses-balloon-falling-prices-2025-08-26\/\" target=\"_blank\" class=\"css-uubm0\" rel=\"noopener nofollow\">lower power prices<\/a>.<\/p>\n<p class=\"css-fiuwhu\">Just last month, Chinese officials showed off a <a href=\"https:\/\/apnews.com\/article\/china-climate-solar-wind-carbon-emissions-ab119c39f226cfbeb2f5c1449747cae9\" target=\"_blank\" class=\"css-uubm0\" rel=\"noopener nofollow\">new solar farm<\/a> that they claim will be the world\u2019s largest when completed, covering a projected 235 square miles, according to the AP \u2014\u00a0roughly the size of Chicago. Indeed, even though BloombergNEF found that China\u2019s renewables investment contracted in H1 2025, the region still made up 44% of all new investment globally.<\/p>\n<p class=\"css-fiuwhu\">While China currently accounts for a third of <a href=\"https:\/\/ember-energy.org\/countries-and-regions\/china\/\" target=\"_blank\" class=\"css-uubm0\" rel=\"noopener nofollow\">global power demand<\/a>, it\u2019s straddling both sides of the energy divide. It\u2019s simultaneously the biggest producer of clean energy and the biggest carbon emitter; it\u2019s leading the charge in renewable energy investment, having pledged to peak carbon emissions <a href=\"https:\/\/www.theguardian.com\/world\/2025\/feb\/13\/china-coal-power-energy-production-quotas#:~:text=China&#039;s%20energy%20production%20is%20putting,surge%20in%20clean%20energy%20production.\" target=\"_blank\" class=\"css-uubm0\" rel=\"noopener nofollow\">before 2030<\/a>, and it\u2019s approving coal production projects at a rapid clip, starting construction on 94 gigawatts of new coal power capacity last year alone.<\/p>\n<p><img alt=\"China world electricity generation\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\"\/><\/p>\n<p>Sherwood News<\/p>\n<p class=\"css-fiuwhu\">Whether China edges closer toward its goal of net carbon neutrality by 2060 or leans more on carbon-emitting sources, catalyzed by the same <a href=\"https:\/\/sherwood.news\/markets\/the-ai-boom-is-devouring-us-power-raising-prices-and-market-loves-it\/\" target=\"_blank\" class=\"css-uubm0\" rel=\"noopener nofollow\">AI power push<\/a> that\u2019s keeping the heat on coal and gas in the US, we\u2019ll see its giant contradictory energy plights go head-to-head in years to come.<\/p>\n","protected":false},"excerpt":{"rendered":"The state of renewable energy in 2025 can be described by paraphrasing Charles Dickens: it\u2019s the best of&hellip;\n","protected":false},"author":2,"featured_media":97595,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[1397,90,56,54,55],"class_list":["post-97594","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-environment","tag-science","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/97594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=97594"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/97594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/97595"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=97594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=97594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=97594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}