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FarCenter

(19,429 posts) Fri Jan 6, 2017, 09:14 PM Jan 2017

China takes global lead in clean energy

PARIS (AFP) -
China's overseas investment in renewable energy projects jumped last year by 60 percent to a record $32 billion (30 billion euros), marking its leadership in the global market for clean energy, a report said Friday.

In 2016, China finalised 11 foreign deals worth more than a billion dollars each, and is expected to pick up the pace this year, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

On Thursday, China announced that it would sink at least $361 billion into renewables by 2020, key to the country's transition away from polluting coal power.

http://www.france24.com/en/20170106-china-takes-global-lead-clean-energy

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