EnergyWatch

China ready for massive green investments

Chinas wants to invest upwards of USD 360 billion in sustainable energy in years to come. The investing will take place both within the country itself and beyond its borders.

Photo: NIELS HOUGAARD/POLFOTO

While the US is preparing to put on the brakes when it comes to sustainable investments – at least at the federal level – China on the other hand is poised to power on at full green speed.

Over the next three years, China intends to spend USD 360 billion on investments in renewable energy such as solar and wind power. As such, China flies in the face of statements made by US President-elect Donald Trump, who plans to bet more on coal, oil, and natural gas.

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