Asian Infrastructure Investment Bank Launches Landmark $250 Million Green Financing for Beijing’s Coal-to-Gas Transition

The Asian Infrastructure Investment Bank (AIIB) announced a significant $250 million loan on Monday, marking its inaugural investment in China and its first corporate financing deal, to bolster a critical…

China Accelerates Industrial Capacity Cuts, Exceeding Targets in Coal and Steel Sectors

China is poised to significantly surpass its ambitious targets for reducing industrial overcapacity, particularly in the critical coal and steel sectors, well ahead of the original schedule. This aggressive push…

China’s Coal Power Generation Dips Below 50% for the First Time Amidst Renewable Energy Surge

Beijing, China – In a significant milestone for China’s energy transition, coal-fired power plants accounted for 49.7% of the nation’s total electricity output during the first six months of 2026.…

China’s Renewable Energy Surpasses 40% of Total Generation, Marking a Historic Shift Away from Coal Dominance

The National Energy Administration (NEA) announced a landmark achievement on Wednesday, revealing that China’s renewable energy sector experienced unprecedented growth in the first half of 2026. For the first time…

China’s Clean Energy Capacity Poised to Outstrip Coal Within a Decade, Signaling Major Shift in Global Energy Landscape

BEIJING – China is on the cusp of a transformative energy shift, with clean energy sources, encompassing nuclear power and a broad spectrum of renewable technologies, projected to surpass coal…

China Accelerates Industrial Capacity Cuts, Surpassing Coal and Steel Reduction Targets Ahead of Schedule

China is poised to achieve its ambitious goal of reducing coal capacity by 500 million metric tons significantly ahead of the initially planned three-to-five-year timeline, with officials indicating the target…

AIIB loans $250m for Beijing coal-to-gas conversion

The Asian Infrastructure Investment Bank (AIIB) announced a significant $250 million loan on Monday, marking its inaugural investment in China, designated for a natural gas project in Beijing. This pivotal…

China’s Industrial Overhaul: Capacity Cuts Exceed Targets in Coal and Steel, Reshaping Global Markets

China is on track to achieve its ambitious goal of reducing coal capacity by 500 million metric tons well ahead of the originally planned three to five-year target, a testament…