China Doubles 2017 Investments in Clean Energy (Ind. Report)
China National Energy Administration
Bloomberg New Energy Finance is reporting China increased its clean energy spending in 2017 by 24 pct to a total of $132.6 billion -- $86.5 billion of which went to solar. BNEF estimates China installed a 53 gigawatts of PV capacity in 2017, almost a third more than originally projected. China's solar energy investments accounted for half the world's $160.8 billion total. Global solar investment grew 18 percent in 2017, accounting for 48 percent of total global clean energy investment.
GTM Research estimates the country’s total installs just under that number, at 52 gigawatts.
(Source: Bloomberg NEF, GTM, 16 Jan., 2019) Contact: China National Energy Administration, en.ndrc.gov.cn
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