One country remains the global leader in clean energy exports, dominating solar, battery, and EV supply despite trade friction. Its innovations have driven down costs and boosted efficiency across clean tech sectors. Massive investments position it to benefit from the coming surge in global green energy demand.
Bricsbridge- Despite rising trade barriers and shifting climate policies, China remains the world’s dominant clean energy manufacturer, backed by its extensive export network, cost competitiveness, and technological edge, according to Moody’s Ratings. While new U.S. tariffs may push companies to diversify supply chains, China’s entrenched market position limits the pace of such shifts. The country supplies over 200 countries and regions, with key exports including 91% of global solar panels, 82% of lithium-ion batteries, and 58% of new-energy vehicles, mitigating reliance on any single market.
China’s industrial advantages—such as economies of scale and sustained innovation—have driven dramatic improvements in clean energy efficiency and affordability. Solar panel efficiency, for example, rose from 15% in 2014 to 23% in 2024, while prices dropped by 75%. Meanwhile, Beijing is curbing domestic price competition to stabilize industry margins. However, lithium-ion batteries remain a sensitive trade point, with the U.S. absorbing a quarter of China’s exports, even as American battery production struggles to meet demand, particularly for energy storage.
Global clean energy investment needs are set to surge, with Moody’s estimating annual spending could reach $3.9 trillion by 2035 under current climate pledges. China, which invested $940 billion in clean energy in 2024, is well-positioned to benefit from this growth. Official data shows its clean energy sector, led by EVs, batteries, and solar products, continues expanding rapidly, while non-fossil fuel consumption rises—reinforcing its dual role as both a clean energy exporter and a transitioning green economy.
https://www.chinadaily.com.cn/a/202504/17/WS68006114a3104d9fd381fe37.html