During the first six months of this year, China was the biggest spender on renewable energy, investing about half of the world's total $358 billion in solar power.
Nearly half of the world’s low-carbon spending took place in China, according to a recent analysis from market research firm BloombergNEF. The country spent $546 billion in 2022 on investments that included solar and wind energy, electric vehicles and batteries.
They’re on track to do it again this year, over 10x the investment the US is making into solar.
They did it last year too:
They’re on track to do it again this year, over 10x the investment the US is making into solar.