China's Clean Energy Boom Spells Trouble for Central Asia's Gas Giants ...Middle East

Economy by : (OILPRICE) -
China’s rapid embrace of renewable energy is bad news for natural gas producers like Russia, Turkmenistan, and Kazakhstan. But it might have decent ramifications for Uzbekistan’s clean energy agenda. China controls over 70 percent of global manufacturing capacity in every major category of clean energy production except hydrogen electrolyzers, according to a recently published research report produced by BloombergNEF, titled Energy Transition Supply Chains 2025. The report finds that “mainland China also dominates…

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