Dec 1, 2024
Global Green Subsidy Race Draws Investor Attention
The global competition in green energy subsidies among the US, Europe, and China is intensifying, impacting renewable energy markets and investor strategies.
The EU’s Net-Zero Industry Act and the US’s 2022 Inflation Reduction Act aim to dominate the renewable energy market but have created tensions and competition between their economies. China’s substantial subsidies have enabled its rapid advancement in electric vehicles and batteries, presenting another competitive challenge. Amidst this uncertainty, investors and businesses are adopting a cautious stance, slowing down decarbonization efforts and risking increased dependency on Chinese renewable technologies. Read more.
More in
Jul 14, 2025
India Achieves 50% Non‑Fossil Power Capacity Five Years Ahead of Target
India has reached 50% of its installed electricity capacity from non-fossil sources—solar, wind, hydro, and nuclear—marking a major milestone well ahead of its 2030 clean energy goal.
Jul 11, 2025
China Introduces First Renewable-Energy Targets for Steel, Cement, Polysilicon & Data Centres
China’s National Development and Reform Commission rolled out its first Renewable Portfolio Standards (RPS) for heavy industry—steel, cement, polysilicon—and new data centers, mandating significant renewable power use by province.