Tag: energy transition
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Brazil and China Launch $1 Billion Fund to Boost Strategic Investments
Brazil and China unveiled plans for a $1 billion bilateral investment fund, with Brazil’s Development Bank contributing about $400 million and China’s Export-Import Bank committing the remainder. The new fund will target sectors including energy transition, infrastructure, agriculture, and artificial intelligence, ...
China $210 billion Clean Tech Pivot: ASEAN Leads, MENA Surges
China's clean tech manufacturers are shifting in 2025 to lighter models: licensing, contract production, and OEM tie-ups, after more than $210 billion in overseas factories since 2022. The Middle East and North Africa surges, but Southeast Asian countries remain the top destination.
BHP Books Rise in Profit on Back of Chinese Copper Demand
Australian mining giant BHP on Tuesday reported a bump in yearly profits, as China's appetite for copper helped to counter slumping prices for iron ore and coal. Chief executive Mike Henry trumpeted a strong year "marked by record production", with annual ...
China’s Solar Expansion in Indonesia Still Relies on Coal
In West Java, a province just east of Jakarta, Indonesia, a sprawling industrial park is rising. Backed by Chinese cement giant Hongshi Holding Group, the $5 billion complex promises to produce the solar panels and batteries that the world desperately needs to combat climate change.
Indonesia Taps Australian Lithium as China Builds EV Battery Plant
Indonesia will soon begin importing lithium from Australia to address a critical shortage of this essential raw material needed for its rapidly expanding electric vehicle (EV) sector, according to Energy and Mineral Resources Minister Bahlil Lahadalia. The decision highlights ...
China’s Belt and Road Shatters Expectations With Record Activity
For much of the past two years, we've been told to expect a slimmer, more austere Belt and Road under the new "Small Yet Beautiful" mantra. The days of Chinese mega deals across the Global South were over... or so we ...
Amid Fuel Shortages, Cuba Looks to China for Energy Solutions
Cuba is in the middle of a profound energy crisis — and China sees an opening. As Havana struggles with crumbling infrastructure, dwindling oil imports, and a decades-long economic downturn, Beijing is stepping in to fill the void left by its traditional allies, Russia and Venezuela. The ...
A PetroChina Insider Reveals About China’s Tumultuous Energy Gamble in Africa
HEADLINE TRANSLATION: "Thirty Years of PetroChina in Africa: Diplomatic Grace or a Long and Arduous Road Ahead?” In a rare and revealing essay published under a pseudonym, a veteran PetroChina executive, known ...
Chinese-Moroccan Joint Venture Inaugurates EV Battery Parts Plant
A Chinese-Moroccan joint venture announced on Wednesday the inauguration of a new factory for electric car battery components, the first of its kind in the North African country. The complex will ultimately have a production "capacity equivalent to 70 GWh per ...
ASEAN, Gulf, and China Signal New Phase in Global South Climate Leadership
For decades, global climate action has been largely shaped by the Global North—through frameworks like the Paris Agreement and funding mechanisms such as the Just Energy Transition Partnership (JET-P). These initiatives have set the tone, the goals, and the financial flows, often leaving countries in the Global ...
Europe’s Green Mining Regulations May Push Africa Closer to China
While Europe’s environmental policy to limit carbon emissions is well-meaning and aims to fight climate change, it could actually make things worse for Africa. Instead of helping the continent to develop its industries, EU policy might instead give China more control over access to valuable mineral resources, ...
China Lead Mine Plan Weighs Heavily on Myanmar Tribe
Hundreds of protesting Myanmar tribespeople march up a hillside to a cavernous facility where a Chinese joint venture's giant milling machines stand ready to grind up the rocks of their ancestral homeland for lead ore. Demand for the heavy metal is ...