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![handle is hein.journals/uclapblj41 and id is 274 raw text is:
CHINA's GREEN COOPERATION
IN THE ENERGY SECTOR:
Overview and Analysis
Tyler Harlan, Loyola Marymount University
INTRODUCTION
Over the past decade, China has transformed itself into the world's
renewable energy powerhouse. China boasts more than 1,100 gigawatts
total (GW) of installed solar and wind capacity and accounts for two
thirds of projects under construction globally.1 In 2020, China's lead-
ers pledged to double the nation's renewable energy installed capacity
by 2030, and is on track to reach that goal by 2025.2 On the manufac-
turing side, China produces 80% of the world's solar panels and 65%
of its wind turbines, driving down costs globally and making it cheaper
for financially strapped countries to build out renewable energy3 Chi-
na's rapid renewable energy expansion is a central platform of its goal
to peak greenhouse gas emissions by 2030 and reach net zero by 2060.
Indeed, renewables now make up half of China's national energy portfo-
lio, a major change in a country long dependent on coal.
On the global stage, China's leaders are laying claim to renewable
energy leadership. In 2021, in a speech to the United Nations General
Assembly, Xi Jinping stated that China would not finance any new coal-
fired power plants overseas.4 This was followed by a pledge (with the U.S.
1. Aiqun Yu et al., China Continues to Lead the World in Wind and Solar,
with Twice as Much Capacity Under Construction as the Rest of the World Combined,
GLOBAL ENERGY MONITOR (July 2024), https://globalenergymonitor.org/report/china-
continues-to-lead-the-world-in-wind-and-solar-with-twice-as-much-capacity-under-
construction-as-the-rest-of-the-world-combined [https://perma.cc/MNA5-5QXL].
2. Amy Hawkins & Rachel Cheung, China on Course to Hit Wind and Solar
Power Target Five Years Ahead of Time, THE GUARDIAN (June 28, 2023), https://www.
theguardian.com/world/2023/jun/29/china-wind-solar-power-global-renewable-
energy-leader [https://perma.cc/A4LF-4PS7].
3. Isabel Hilton, How China Became the World's Leader on Renewable Energy,
YALE ENV'T 360 (Mar. 13, 2024), https://e360.yale.edu/features/china-renewable-
energy [https://perma.cc/R2D4-PF57].
4. Vincent Ni & Helen Sullivan, 'Big Line in the Sand': China Promises
No New Coal-Fired Power Projects Abroad, THE GUARDIAN (Sept. 19, 2021,
21:59 EDT), https://www.theguardian.com/world/2021/sep/22/china-climate-no
© 2024 Tyler Harlan. All rights reserved.
111](ViewImageLocal?handle=hein.journals/uclapblj41&div=19&collection=&method=preview&ext=.png&size=3)