China Widens Its Clean Energy Lead
Key takeaways
- While Chinese companies continue to expand their dominance of clean energy industries, the data shows, their American counterparts are withdrawing from those sectors.
- While China has long led development of solar and wind energy and electric vehicles and batteries, its companies have expanded their footprints overseas in recent years.
- “For people who are watching this space closely, that’s not new,” said Tom Taylor, a senior policy analyst at Atlas Public Policy and the report’s lead author. “What is new, I think, is the U.S.
Why this matters: environmental and climate reporting with long-term consequences.
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While Chinese companies continue to expand their dominance of clean energy industries, the data shows, their American counterparts are withdrawing from those sectors.
Chinese firms accounted for 55 percent of nearly $1.1 trillion in clean energy manufacturing investments announced from 2019 through 2025, according to a report this week by Atlas Public Policy, a clean energy-focused data and research firm. While China has long led development of solar and wind energy and electric vehicles and batteries, its companies have expanded their footprints overseas in recent years.