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Opinion piece by Caroline Wang, China Analyst, CEF Read more

In his talk, Tim highlighted China’s accelerating leadership in the global cleantech sector, with a record-breaking US$2.1 trillion invested worldwide in 2024, up 11% year-on-year. He emphasized China’s dominance across the entire cleantech value chain—from manufacturing and R&D to domestic deployment, exports, and US$155 billion in outbound foreign direct investment (OFDI) since 2023. Tim noted that China continues to lead in firmed renewable energy, adding an impressive 50GW of capacity in the first two months of 2025 alone. The rapid rise of New Energy Vehicles (NEVs) and battery energy storage systems (BESS) further underscores this momentum. Read more

Tim presents at SPREE Seminar at UNSW. China is leading a global energy system transformation, driven by solar power and Battery Energy Storage Systems (BESS). In 2024, renewables accounted for 92.5% of global capacity additions, with ongoing deflation and technological advancements in solar and BESS fueling continued growth. China dominates cleantech manufacturing, research, development, domestic installations, exports, and foreign investments. It also leads the world in firmed renewable energy, adding a remarkable 375GW of zero-emissions capacity in 2024. Read more

Tim’s presentation at Engineers Australia on April 3 focused on China’s dominance in cleantech, particularly in solar and electric vehicles, and how it is rapidly decarbonizing. He also discussed global responses to China’s leadership and Australia’s efforts to adapt, including transitioning to renewable energy and decarbonizing its electricity system. Tim concluded by highlighting both the economic threats and strategic opportunities that China’s rise presents for Australia. Read more

Tim presents at SPREE Seminar at UNSW. China is leading a global energy system transformation, driven by solar power and Battery Energy Storage Systems (BESS). In 2024, renewables accounted for 92.5% of global capacity additions, with ongoing deflation and technological advancements in solar and BESS fueling continued growth. China dominates cleantech manufacturing, research, development, domestic installations, exports, and foreign investments. It also leads the world in firmed renewable energy, adding a remarkable 375GW of zero-emissions capacity in 2024. Read more

ELECTION LOOMS AS GREEN METALS GET MASSIVE BUDGET BOOST; MORE GAS-LIGHTING FROM LNP Read more

Climate Energy Finance’s new report, International Solar PV and BESS Manufacturing Trends, has delved into developments across China, the European Union, the United States, India, Australia, and the Middle East through early 2025. CEF observes continued price deflation in solar PV and batteries – prices dropped 20% for batteries, and Chinese panels plummeted by 37 to 46% in 2024. This cost reduction has turbocharged deployment rates, with almost 600GW of solar PV installed in 2024. Assuming continued growth in China deployments, 700GW this year seems likely, and CEF projects this will rise to 1,000GW per annum by 2030. BESS installation rates are expected to treble in this timeframe. With solar modules and battery manufacturing capacity at three times the current global installations, expectations of plateauing installations are entirely unlikely. Read more

Australia’s green steel transition presents both a major challenge and a significant opportunity. China is rapidly moving towards decarbonisation, creating an opportunity for Australia to lead in green iron production. However, building a green iron industry faces hurdles, even in adopting low-emission methods like Direct Reduced Iron given our expensive domestic fossil gas. Key steps for success in this industry were discussed at the Australian Green Iron & Steel Forum on March 26-27, 2025, at Pan Pacific Perth, where Tim was invited as a speaker. Read more

The “Solar and Storage 2025” event was held on March 26-27, 2025, at the Brisbane Convention & Exhibition Centre. It focused on the latest in solar energy and energy storage, bringing together experts to discuss industry trends, challenges, and opportunities. Read more

The “Solar and Storage 2025” event was held on March 26-27, 2025, at the Brisbane Convention & Exhibition Centre. It […] Read more

In 2024, China registered 31.436 million new automobiles, a rise of 4.5 per cent over the previous year, with the […] Read more

Combined solar and wind power capacity in China surpasses coal capacity for the first time in February 2025 Read more