Green energy from China is taking over Latin America
Chinese companies are installing the lion’s share of renewables in Latin America, where China’s influence is growing.
Why is this important?
No country on Earth invests more in renewable energy than China. Last year, the Middle Kingdom was largely responsible Half of the world’s investment. China spent $546 billion on renewable energy last year, three times more than the entire European Union. In this way the country begins to gain more and more influence throughout the world.Essence: Chinese companies installing renewable projects are increasing around the world. But it’s surprising how big China’s influence is becoming, especially in Latin America.
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