China power firms expand renewables footprint

This photo taken on February 21, 2024 shows workers inspecting solar panels at a rooftop of a power plant in Fuzhou, in southern China's Fujian province. (Photo by AFP) / China OUT

BEIJING: Chinese power companies are expanding their presence in global green energy projects, with a particular focus on solar and wind power, according to an industry report.

Major Chinese power companies have so far invested in and operated 14 energy grid projects in 11 countries and regions, with the cumulative value of overseas engineering contracts reaching US$376bil and overseas investment at US$106bil, the China Electricity Council said in a report released in Beijing.