Today’s ESG Updates China Targets Record Renewable Energy IPO: China Resources New Energy is seeking to raise $3.6 billion through what could become Shenzhen’s largest-ever IPO, with proceeds earmarked for new wind and solar projects. EU Agrees Carbon Market Safeguards: The European Union has approved stronger price controls for its upcoming carbon market to help…
Hong Kong has launched a new solar farm built on restored landfill in Tseung Kwan O that aims to cut carbon emissions by an amount equivalent to planting about 20,000 trees each year. Jointly developed by environmental services firm Veolia and developers Sun Hung Kai Properties (SHKP) and Citic Pacific, with government support, the facility…
As the leaders of the world’s two largest economies meet in Beijing this week, a new analysis underscores a growing divergence between China and the United States in shaping the global energy system. While Chinese companies continue to expand their dominance of clean energy industries, the data shows, their American counterparts are withdrawing from those…
BANGKOK (AP) — Have you “become Chinese”? In recent months, 20-somethings around the world have taken over social media with posts enthusing about how they’re embracing Chinese ways of life. Videos proclaiming users are “Chinamaxxing,” or “in a very Chinese time of their lives” — namely by drinking hot water with boiled goji berries, eating…
EnerVenue – a rechargeable battery start-up co-founded by Full Vision Capital, the family office of Hong Kong tycoon Peter Lee Ka-kit – has raised US$300 million in its latest round of financing and appointed a new CEO to accelerate the large-scale industrial deployment of its cutting-edge energy storage technology. The California-based company – which also…
When Gary Dirks arrived in China in 1995, the country’s government was looking to source more of its energy at home. Dirks was the incoming country head for BP, but efforts to find more oil and gas in the country had largely fizzled. So government leaders pivoted, Dirks said. China invested heavily in its domestic…
Welcome to Carbon Brief’s China Briefing. China Briefing handpicks and explains the most important climate and energy stories from China over the past fortnight. Subscribe for free here. Solar and wind eclipsed coal ‘FIRST TIME IN HISTORY’: China’s total power capacity reached 3,890 gigawatts (GW) in 2025, according to a National Energy Administration (NEA) data release…
GigaWatt Inc. is making its next phase of growth available to public investors as the residential solar market faces a critical inflection point. With federal tax credits phasing down and residential electricity costs up nearly 40% since 2021, homeowners are caught between expensive turnkey installers and bare-bones DIY kits that leave them stranded. GigaWatt has…
As the United States retreats from climate policy, China signaled its rising intent to lead a transition away from fossil fuels and toward Chinese-made renewable energy technologies in remarks to world leaders on Tuesday. Speaking at the World Economic Forum in Davos, Switzerland, Chinese Vice Premier He Lifeng cast China as a beacon of stability…
This is welcome. However, as climate ambition becomes the norm, a more uncomfortable question comes into focus: how many of these commitments are grounded in a serious understanding of what decarbonisation actually entails? What remains largely missing from Hong Kong’s climate conversation is analytical depth. Targets are plentiful; pathways are not. We talk often about…