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China as the engine of global energy transformation

11 December 2025
Since China announced its goal five years ago to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, the country has already built the world's largest and fastest-growing renewable energy system.
 
Between 2021 and 2025, the country formed the largest and most comprehensive new energy (NE) value chain, providing a powerful impetus to the global energy transformation and global sustainable development.
 
According to statistics, over the past five years, China has accounted for over 40% of all global NNE patents, and has consistently set new world records for metrics such as solar photovoltaic conversion efficiency and single-unit offshore wind turbine capacity. China also ranks first globally in new energy storage capacity.
 
China's energy sector has achieved breakthroughs and historic achievements, with the share of renewable energy in the country's total installed capacity rising from 40% to 60%.
 
At the UN Climate Change Conference held in September 2025, China announced that by 2035, the share of non-fossil energy sources in the country's energy consumption will exceed 30%, with the total installed capacity of wind and solar power plants increasing more than sixfold compared to 2020, to 3,600 GW.
 
China is the main driver of the rapid and large-scale development of renewable energy globally, and a leader in the global renewable energy system.
 
A significant result of technological innovation is the continued reduction in costs. Technologies and equipment supplied under the umbrella brands "Created in China," "Made in China," and "Built in China" have significantly contributed to reducing global wind and solar power generation costs by approximately 60% and 80%, respectively, over the past 10 years.
 
In recent years, Chinese companies have been actively involved in the construction of clean energy facilities in a number of countries and are deepening cooperation in wind, solar, and hydropower, as well as energy storage, to give new impetus to global green development.
 
China Electric Power Construction Corporation is participating in an offshore wind project in Vietnam; the first three phases of this project have already been commissioned, reducing Vietnam's carbon dioxide emissions by 26,200 tons per year.
 
International Renewable Energy Agency (IRENA) Director-General Francesco La Camera said China is actively pursuing its solemn commitment to achieve carbon neutrality by 2060, laying a strong foundation for a revolutionary transformation of renewable energy and energy systems.
 
"This revolution will transform both China's energy system and the global energy market," he noted.

Energy and industry in Russia

11 December 2025

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