"China's status as the colossus of renewable energy is set to be cemented in the next five years, with the world's second-biggest economy adding more capacity than the rest of globe combined. The International Energy Agency said in its Renewables 2023 report . . . that China will account for 56% of renewable energy capacity additions in the 2023-28 period. . . . There is also a caveat to China's rapid build-out of renewable capacity because at the same time it is still adding substantial coal-fired generation. China is the world's biggest coal producer and importer and has more coal-fired capacity under construction than the rest of the world combined. China is building 136.24 GW of coal-fired generation, and has another 255.5 GW at the announced, pre-permit or permitted stage, according to data compiled by the Global Energy Monitor. . . . It's clear that renewables are increasing their share of China's power generation, but it's equally clear coal-fired power is going to be around for decades to come, and that if China does meet its goal of net-zero emissions by 2060, it will largely be achieved in the final years prior to the deadline."
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