China to Spend $940B on Energy Transition in 2026
China will once again be the biggest investor this year in alternative energy sources, spending some $940 billion on capacity and infrastructure. While still spending substantial sums on capacity, China will this year spend more on grid expansion and support infrastructure in a much-needed change of priorities. The figure above comes from the Global Energy Transition Report released this month by…
China plans to allocate $940 billion towards energy transition initiatives in 2026, marking it as the leading investor in alternative energy sources. This substantial investment serves as a significant shift in priorities, with increased focus on grid expansion and supporting infrastructure. The Global Energy Transition Report, published this month by the China Enterprise Reform and Development Society, reveals that China's low-carbon energy sources accounted for 60.1% of the total installed generation capacity by the end of 2025.
China also leads global new additions in alternative energy generation capacity, making up 63.6% of the increase last year. In 2025, China generated 3.99 trillion kilowatt-hours of electricity from low-carbon sources, constituting 38.3% of the country's total generation. The International Energy Agency predicts that China will invest approximately $140 billion in grid expansion and related infrastructure this year, aiming to optimize the utilization of wind and solar generation by making the grid more efficient.
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