China has solidified its position as a global clean energy leader, ranking first among emerging economies and 12th worldwide in the World Economic Forum's 2024 Energy Transition Index. The country invested a record $818 billion in new energy projects this year – representing 40% of global renewable investments – as it accelerates shifts toward low-carbon infrastructure.
Renewables Revolution
With soaring renewable energy capacity and generation rates, China now leads in solar and wind power deployment while maintaining robust energy security through diversified supply chains and strategic reserves. Improved grid infrastructure enables efficient distribution across provinces.
Global Impact
"China's scale and strategic investments create ripple effects across global supply chains," said WEF's Energy Transition Head Espen Mehlum. "Their progress demonstrates how emerging economies can balance growth with sustainability."
The report highlights China's unique ability to coordinate policy, manufacturing, and technological innovation – a model attracting attention from developing nations seeking affordable energy transitions.
