Overview

• China invested about US$625 billion in clean energy in 2024, roughly 31% of the global total, with major spending on storage and grids.
• In the 12 months to June 2025, wind and solar produced more electricity than hydro, nuclear and bioenergy combined, while fossil generation fell 2% in the first half of 2025 year over year.
• China supplies about 80% of the world’s solar panels and 60% of wind turbines, a scale that has driven steep price declines for clean technologies.
• Electrification is reshaping China’s energy use, with electricity consumption up 65% since 2015 as fossil fuels’ share in final energy edged down.
• Despite the buildout, China remains a leading source of emissions, with IEA data showing global greenhouse gases hit a record in 2024 driven largely by China and India.