Chinese authorities called for "concerted efforts" to crack down on the solar industry's severe overcapacity crisis. Some of the proposed measures include price enforcement, mergers and acquisitions and intellectual property protection. China is the undisputed global leader.
China has set a new benchmark in its transition to renewable energy, with wind and solar power sources generating 26% of the nation's electricity in April 2025. The achievement marks the highest monthly share to date, as reported by global energy think tank Ember.
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China has a goal to install 180 gigawatts of battery energy storage systems by the end of 2027, with a direct project investment of $35. 8 gigawatts, 40% of the global total.
The presence of Chinese electric vehicles (EVs) is rapidly expanding in Georgia, particularly in Tbilisi, where the slogan “Build Your Dreams” prominently decorates the vehicles produced by BYD, China's largest automaker.