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 the China Enterprise Reform and Development Society, a state-linked think tank.

1% of the total. 6% of global new additions in alternative energy generation capacity last year. 3% of the country's total generation in 2025. These numbers are certainly impressive and only to be expected given China's long-running and generous state support for things like wind and solar capacity, which are a twin focus of its energy transition plans…