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China plans $940 billion energy transition spend in 2026

China will invest $940 billion in energy‑transition capacity and infrastructure in 2026. By the end of 2025 low‑carbon sources accounted for 60.1 % of installed generation capacity, produced 3.99 trillion kWh and made up 38.3 % of total electricity output. The country added the largest share of new alternative‑energy capacity worldwide in 2025, contributing 63.6 % of global additions, and its combined wind and solar installations topped 2 billion kW by September.

Key facts

  • China contributed 63.6 % of worldwide new alternative‑energy capacity in 2025.
  • Wind and solar installations reached over 2 billion kW by September 2026.
  • Low‑carbon sources comprised 60.1 % of installed generation capacity at end‑2025.
  • Low‑carbon generation supplied 3.99 trillion kWh in 2025.
  • The $940 billion spend figure is reported by the China Enterprise Reform and Development Society.

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Why it matters

The scale shows China's leading role in global clean‑energy expansion.

What changed

  1. First published from OilPrice.com