Download pdf here Asia’s transition to renewable energy is accelerating, but the region still faces significant barriers to scaling clean power. State-owned utilities—the dominant off-takers in most markets—must manage rising demand, system reliability, and political expectations while integrating intermittent renewable energy. At the same time, Independent Power Producer (IPP) sponsors…
Key finding 10 years after the announcement of the Belt and Road Initiative (BRI), cumulative BRI engagement breached the USD 1 trillion mark (USD1.053 trillion), with about USD634 billion in construction contracts, and USD419 billion in non-financial investmentsChina’s energy related engagement in 2023 were the greenest in absolute and relative…
Download pdf In September 2021, a new project finance handbook was launched with funding by the British Foreign, Commonwealth and Development Office (FCDO). The handbook was developed over several months with the goal to understand the gap and bridge the gap between Chinese style and international project financing approaches. The…
Highlights Download pdf Between 2014 and 2020, about USD160 billion of Chinese-backed coal-fired power plants were being planned or announced outside of China;More than USD65 billion of Chinese-backed coal-fired power plants have been either shelved, mothballed or cancelled since 2014, with more projects seeing delays in construction;In 2019 and 2020,…
China announced coal phase-out in Bangladesh In February 2021, China’s embassy in Bangladesh sent a letter to the local Ministry of Finance stating that “the Chinese side shall no longer consider projects with high pollution and high energy consumption, such as coal mining [and] coal-fired power stations”. Why did China…
On June 22, the International Energy Agency (IEA) with the support of the International Institute of Green Finance, CUFE (IIGF) launched the IEA World Energy Investment 2020 Report. Experts from IEA, the Chinese Renewable Energy Industries Association (CREIA), the Energy Committee of China Investment Association, Goldwind Technology Co., Ltd., China…
Spain is located on the new Euroasian land bridge in the Silk Road Economic Belt. Although Spain has not yet officially assigned to the BRI cooperation, it has jointly released with China the Joint Statement on Strengthening Comprehensive Strategic Partnership during the visit of China’s President Xi in Nov 2018,…
During the 2nd Belt and Road Forum for International Cooperation in May 2017, Chinese President Xi Jinping announced that the China Development Bank (CDB) will provide special loans of 250 billion RMB to support BRI-related infrastructure, production capacity and financial cooperation. The special loans consist of three sub-loans, namely a special…