Industry News
China Scraps Two-Thirds of Overseas Coal Projects as Renewables Expand in UAE
A new joint study by CREA and PACS reveals that China has cancelled 67 percent of overseas coal power projects planned prior to its 2021 UN pledge, eliminating 61.5 gigawatts of capacity. The report highlights that operational China-linked renewable generation has now surpassed the potential power output of cancelled coal projects in the UAE, Brazil, and Tanzania. However, researchers warn that private Chinese investments in captive coal power continue to present loopholes.
