China’s massive investment in renewables is single-handedly ending the era of global fossil fuel growth. By driving down the cost of solar, wind, and batteries by 60–90%, China now supplies 80% of solar panels and 60% of wind turbines globally, enabling developing nations to bypass expensive fossil fuels.
Domestically, China met 84% of its new electricity demand in 2024 with renewables, causing a 2% drop in fossil fuel use despite rising energy needs.
https://www.nytimes.com/2025/09/08/climate/china-clean-energy-fossil-fuel-research.html
