Center for American Progress

Clean-Energy Competitiveness Fact of the Day: March 8, 2010
Press Release

Clean-Energy Competitiveness Fact of the Day: March 8, 2010

China is winning the clean energy race, spending around $9 billion a month on clean energy.  In the mid-1990’s we used to produce 40 percent of the world’s solar cells, now we produce only seven percent.  Chinese companies are seeing increasing profits from higher demand for renewable energy as a result of government aims to combat climate change, including aims to increase capacity for wind power fivefold by 2020.  China is serious about climate action. 

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