Chinese companies and government-run investment banks have now financed a total of 171.6 GW of overseas power generation capacity, representing a total of 648 plants in 92 countries, with 113.5 GW already operational, research from Boston University’s Global Development Policy Center showed.
“China’s overseas power portfolio is still dominated by coal and large-scale hydropower, indicating that China can do more to implement its pledge to step up support for green and low-carbon energy in developing countries — especially wind and solar power,” she said.
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