Wind farm turbines on the water

Media

CEF in the media  |  Oct 2, 2024

Australia can ride the waves of China’s “green capital tsunami” – but a change in attitude is needed

Renew Economy

A new report from Sydney based think tank Climate Energy Finance (CEF) has raised concerns that Australia’s investment policy towards China disincentivises a potential relationship that could deliver a “green capital tsunami” for Australia at a crucial point in its transition to renewables. The new report from CEF found that Chinese firms have committed over $US100 billion ($A145 billion) in outbound foreign decarbonisation investment across at least 130 major clean technology transactions since 2023. Read more
CEF in the media  |  Oct 2, 2024

Australia may miss billions in green Chinese investment

Canberra Times

Think-tank Climate Energy Finance issued the predictions in its Green Capital Tsunami report released on Wednesday, which found Chinese investment in Australia had fallen to a decades-long low despite its record spending. The warnings come months after Federal Treasurer Jim Chalmers announced an overhaul of foreign investment rules to take a “risk-based” approach to the sector, and more closely scrutinise investments in areas such as critical minerals. Read more
Media Releases  |  Oct 2, 2024

Australia needs to get over the false narrative it’s a small player – Tim Buckley on the power within

Fifth Estate

“Australia is never going to be able to compete on our own against the Chinese, the robotics, the artificial intelligence, the scale of their manufacturing, their phenomenal investments in research and development, all of that says we’ll never catch them,” says Tim Buckley. “But we don’t have to catch them; we can partner with them”. Read more
CEF in the media  |  Oct 2, 2024

Australia may miss billions in green Chinese investment

___

[On The West Australian]: Australia has the potential to tap into billions of dollars of renewable energy investments from China but only if it changes foreign investment policies and its approach to the superpower nation. Think-tank Climate Energy Finance issued the predictions in its Green Capital Tsunami report released on Wednesday, which found Chinese investment in Australia had fallen to a decades-long low despite its record spending. The warnings come months after Federal Treasurer Jim Chalmers announced an overhaul of foreign investment rules to take a “risk-based” approach to the sector, and more closely scrutinise investments in areas such as critical minerals. Read more
CEF in the media  |  Oct 2, 2024

China pumped in over $100 bln overseas in cleantech since 2023, research group says

Reuters

[Story also republished on MSN, The Economic Times, Market Screener, ThePrint, U.S. News & World Report, Yahoo Finance UK, and so on]: Chinese firms’ overseas investments in clean energy technology projects have exceeded $100 billion since the start of 2023 as they aim to avoid tariffs in the U.S. and elsewhere, Australian research group Climate Energy Finance (CEF) said on Wednesday. China is the world’s biggest producer and exporter of products such as solar panels, lithium batteries and electric vehicles, with its investment, innovation and manufacturing capabilities leading the world by an “astonishing margin”, CEF said in a research report. Read more
CEF in the media  |  Oct 2, 2024

OP ED | Riding China’s green capital tsunami to harness cleaner future for Australia

PV Magazine

As the world races to decarbonise, China is leading the way. It committed more than $145 billion (USD 100 billion) in outbound foreign direct investment since 2023 across decarbonisation sectors including solar, wind, batteries, grid, new energy vehicles, hydro and green hydrogen. Yet, as the momentum of China’s green capital tsunami accelerates, Australia finds itself at a critical juncture: will we ride this wave, or be left behind? Read more
CEF in the media  |  Oct 2, 2024

China outbound investment surges to record levels on clean energy ‘tsunami’

The Financial Times (UK)

Analysts at Climate Energy Finance, a Sydney-based research group, have recorded a “tsunami” of investment in renewable energy and transport electrification projects, calculating Chinese companies have committed $109.2bn in outbound FDI across 130 clean technology transactions since the start of 2023, according to corporate announcements and financial statements. Tim Buckley, CEF director, said China was not just exporting its cleantech manufacturing capacity surplus, but was increasingly exporting its technology, engineering, supply chain and financing capacities. Xuyang Dong, a CEF analyst, noted that the “dramatic” increase in overseas FDI coincided with plunging prices for many cleantech products in China, following years of scaled up domestic manufacturing. Prices for solar modules and batteries have halved this year. Read more
CEF in the media  |  Oct 2, 2024

China Clean Energy Sector Eyes $100 Billion in Overseas Spending

Bloomberg

China’s world-leading clean energy companies are investing more abroad amid fierce domestic competition and trade tensions with rivals like the US, according to a report by Climate Energy Finance. “When Chinese firms build a production facility elsewhere, it brings its technology, expertise, capital, experience, as well as opportunities for expanding local labor markets and boosting other nations’ domestic energy transition,” said Xuyang Dong, an energy policy analyst and one of the report’s authors. Read more
CEF in the media  |  Oct 2, 2024

Tim Buckley on ABC RN Breakfast re CEF’s Green Capital Tsunami report

ABC Radio National Breakfast

Tim Buckley details CEF”s new report, ‘Green capital tsunami: China’s >$100 billion outbound cleantech investment since 2023 turbocharges global energy transition’. He notes if Australia is to enjoy the benefits of the billions China’s cleantech leaders are investing into solar, wind, batteries, EVs etc across the globe, speeding global decarbonisation, it must embrace and welcome partnership and maintain positive bilateral relations. Read more
CEF in the media  |  Oct 2, 2024

OP ED | China’s cleantech leadership is Australia’s decarbonisation opportunity

The Australian Financial Review

Australia China Business Council chair David Olsson reflects on CEF’s new Green Capital Tsunami report, which tracks $100bn since 2023 in foreign investment by Chinese firms in sun, wind, EVs, batteries and other cleantech around the world, noting that Australia has untold potential to partner with China and attract investment from the world’s cleantech superpower – if we get the foreign investment rules right. Read more
CEF in the media  |  Oct 1, 2024

[The Business Times] China clean energy sector eyes US$100 billion in overseas spending

___

[Republished from Bloomberg] China’s world-leading clean energy companies are investing more abroad amid fierce domestic competition and trade tensions with rivals like the US, according to a report by Climate Energy Finance. “When Chinese firms build a production facility elsewhere, it brings its technology, expertise, capital, experience, as well as opportunities for expanding local labor markets and boosting other nations’ domestic energy transition,” said Xuyang Dong, an energy policy analyst and one of the report’s authors. Read more
Pages:«123456789...74»

Sign up for updates

Sign up to receive occasional updates on major climate and energy finance news and developments, and notification of new reports, presentations and resources.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Read our privacy statement here.

Error: