Tag: Renewable Energy
China’s Booming Energy Storage: A Policy-Driven and Highly Concentrated Market
In June 2023, China achieved a significant milestone in its transition to clean energy. For the first time, its total installed non-fossil fuel energy power generation capacity surpassed that of fossil fuel energy. The Chinese government is increasingly focused on what it calls “new-type energy storage systems” (NTESS)...
Read MoreThe G20’s IMEC Initiative: An Alternative Trade Corridor to China’s Belt and Road Initiative
The recent G20 summit in New Delhi witnessed the launch of a $20 billion India-Middle East-Europe Corridor (IMEC), an ambitious multi-pronged network aiming to connect goods and services between Europe and Asia—via the Middle East—more sustainably and efficiently...
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