China Ramps Up Green Energy Exports

In the first seven months of 2025, China's exports of electric vehicles, solar panels, and batteries reached $120 billion. This figure includes a record $20 billion in August 2025 alone, surpassing the United States' $80 billion in fossil fuel exports for the first eight months of the same year. China's dominance in the green energy sector is staggering, producing over 80% of the world's solar panels and wind turbines. This massive manufacturing scale has been a primary driver in reducing the global costs of solar and wind power generation by 80% and 60%, respectively. To circumvent trade restrictions and solidify its market position, Chinese renewable energy manufacturers are expanding their global footprint. In 2024 alone, 35 new overseas facilities were established, bringing the total to 114 across the wind, solar, and battery sectors in regions like the Middle East, Asia-Pacific, and Europe. This export boom is built on a foundation of massive domestic investment. In 2025, China installed a record-breaking 311 GW of solar and 119 GW of wind power capacity. By the end of that year, its total installed renewable capacity reached a level greater than its coal capacity for the first time. State-owned enterprises like Harbin Electric are key players in this global push, securing major contracts for energy projects worldwide. The company has developed and supplied 67 impulse hydropower units for 30 power stations globally, in countries including Ecuador, Peru, and Pakistan. The nation's 14th Five-Year Plan underpins this strategy, aiming for renewable energy to account for 33% of electricity production by 2025. The plan also mandates that renewables meet at least 50% of the growth in power consumption. This policy ensures a growing domestic market that fosters innovation and cost reduction for exported goods.