Chinese firms invested over $100b overseas in cleantech since 2023: report

Chinese firms invested over $100b overseas in cleantech since 2023: report

FILE PHOTO: A worker examines the solar panels on the roof of a residential building in Yichang, Hubei province September 16, 2013. Picture taken September 16, 2013. REUTERS/Stringer/File Photo

Chinese firms’ overseas investments in clean energy technology projects have exceeded $100 billion since the start of 2023 as they aim to avoid tariffs in the US and elsewhere, Australian research group Climate Energy Finance (CEF) said on Wednesday.