New Delhi: Beijing and New Delhi are stepping up investments in clean energy, strengthening their position in the global transition to greener power at a time when parts of the West are facing slower progress and policy challenges.
China has continued to expand its renewable energy capacity at a rapid pace. The country is installing record levels of solar and wind power and remains the world’s largest producer of solar panels and batteries. Its companies are also increasing their presence abroad, investing in energy projects across Asia, Africa and Latin America. In the electric vehicle sector, firms such as BYD are reporting strong growth and competing with global brands.
India is also moving forward with ambitious plans to meet rising energy demand through clean sources. The country is expanding solar power projects, exploring offshore wind and investing in green hydrogen. Government policies are encouraging local manufacturing of solar equipment and batteries, aiming to reduce reliance on imports and build a stronger domestic industry.
In contrast, progress in parts of the European Union and the United States has been uneven. High costs, regulatory delays and political differences have slowed the rollout of some clean energy projects. Although long term policies remain in place, including support for renewable energy and electric vehicles, implementation has faced hurdles.
Experts say the shift reflects a broader change in global energy leadership. China’s strong control over supply chains, including key minerals used in batteries and clean technologies, gives it a clear advantage. India’s growing market and policy support are also drawing global investment.
The developments are likely to shape the future of energy markets. Faster progress in large economies such as China and India could help reduce global emissions, while also increasing their economic influence in emerging green industries.
The global transition to clean energy continues, but it is becoming more uneven, with Asia taking a leading role as Western countries work through economic and political challenges.