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Category: Coal Power

China’s Confusing, Contradictory Policy on Coal Power

In September 2021, President Xi Jinping announced at the United Nations that China would immediately halt all financing of coal power projects abroad as part of Beijing's broader ambition to achieve carbon neutrality by 2060. ...

Chinese Company Targets Zimbabwe’s Solar Power Generation Amidst Crippling Blackouts

The China Energy Engineering Corp. has propositioned the Zimbabwean government for the construction of a 1,000-megawatt (MW) floating solar plant on the Kariba dam along the Zambezi River. At nearly $1 billion, the project will be on the world’s largest man-made ...

Why a Chinese Coal Buy From Australia Should Worry Some Developing Countries

One of China's largest coal importers, the China Energy Investment Corp., bought at least two shipments of Australian coal on Friday in the latest sign of thawing ties between the two countries. While the amount purchased is not significant, it's the first ...

China’s No New Coal Power Overseas Pledge, One Year On

By Han Chen and Wei Shen On 21 September 2021, China’s president, Xi Jinping, told the UN General Assembly via video link that China would increase support for green and low-carbon energy in developing countries, and not build any new coal-fired ...

Shining a Light on China’s Support for Power Plants in Belt and Road Initiative Countries in Africa and Asia

By Oyintarelado (Tarela) Moses In September 2021, Chinese leader Xi Jinping announced that China would not build new coal plants overseas. At the same time, many countries in Africa and Asia continue to seek finance for electricity-generating infrastructure to meet ...

Analysis from Cobus van Staden

Argentina Scores $924 Million in Deals from China

Argentina’s Economy Minister Sergio Massa managed to secure almost a billion dollars‘ worth of investment deals on the first leg of his trip to China.
He is on an economic rescue mission, with talks expected to renew and extend a currency swap agreement in order to infuse much-needed foreign money into the Argentinian economy.

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China and the Prospect of Early Retirement of Coal Plants in the Global South

By Alex Clark, Christoph Nedopil and Cecilia Springer Formerly the world’s largest public financier of coal, China has committed not to build new coal plants overseas. China has financed between 41 GW and 52 GW of currently operating ...

South Africa’s Limpopo Province Approves $10 Billion Chinese-Finance Coal Project… But There’s Just One Very Small Problem

South Africa's Limpopo Province gave the go-ahead last week for a $10 billion industrial project that includes a 4,600-megawatt coal power plant, a coking facility, and a steel plant. The approval is critical for the development of the controversial Musina-Makhado Special Economic Zone. ...

Phasing Down Coal in the Global South

By Rishikesh Ram Bhandary and Cecilia Han Springer Although Chinese President Xi Jinping announced last year that China will no longer build new coal-fired power plants overseas, the Boston University Global Development Policy (GDP) Center’s China’s Global Power (CGP) Database shows 60 coal ...

WEEK IN REVIEW: China Issues Travel Warning For Both Nigeria & DR Congo

The Chinese Foreign Ministry issued a travel warning on Monday for its citizens in both Nigeria and the DR Congo and called on its nationals in high-risk areas in both countries to evacuate immediately. Spokesman Zhao Lijian specifically called on Chinese nationals in the eastern DRC provinces of ...

China’s Love-Hate Relationship With Coal

If you're confused about China's stance on the use of coal, well, you're definitely not alone. This week, China went on a global coal buying binge in a frantic effort to put a stop to rolling ...
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