Chinese Companies Set New Records in Overseas Renewable Deployment

China installed a record amount of wind and solar capacity at home last year, data showed earlier this month. Yet, the country did not stop there. Chinese companies also installed record power generation capacity abroad as well—and half of it was neither wind nor solar. Wood Mackenzie reported this week that Chinese power generation capacity developers completed some 24 GW of new capacity across more than 150 countries that are part of China’s Belt and Road Initiative. The number compared with just 10 GW installed in 2023 and 22 GW…