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China to raise renewable energy investments for 30 billion euros

China to raise its investments on renewable energy for 30 billion euros, increased China, the world’s largest investor in renewable energy sources, investments in this sector abroad in 2016, with spending of about 30 billion euros in infrastructure projects or quotas, according to a report released Friday by the Institute energy Economics and financial analysis (iE IIFA).

 

Arabah.ntzadt China, the world’s largest investor in renewable energy sources, investments in this sector abroad in 2016, with spending of about 30 billion euros in infrastructure projects or quotas, according to a report released Friday for Energy Economics and Financial Analysis Institute (ie any IIFA) .oahkl this amount increased by 60% compared with 2015, according to the institute, which included in the study projects that exceeded one billion dollars, including dams
Hydroelectric.

 

Said Tim Buckley, one of the curators of this report, that “China is not only to increase internal investments in the field of renewable energy, it is also expanding its initiatives at the international level” .otendrj This increase registered in 2016 in the context of the five-year plan (2016-2020) states invest 341 billion euros in renewable energy sources, according to figures published by the Beijing Alkhamis.ovi year 2016, China invested the largest amount worth 12.3 billion in Brazil to contribute 24% in the capital of the energy group, “CBS NFL Energia SA.”

 

China has invested the remaining funds of the total, which is calculated by the institute in Australia, Chile, Pakistan, Indonesia, Germany, Egypt and Vinam.autamhort these projects, for example in the user’s lithium production, especially in the electric car batteries Chile, the industry of solar batteries (Vietnam) and models photovoltaic (Germany),

 

As well as projects Kahrmaiah.obact the United States, the world’s second largest investor in the field of renewable energy, “falling under the domination of China”. According to the United Nations Environment Programme and the agency, “Bloomberg New Energy Finance,” China has invested in 2015 about 97 billion euros in energy sources renewable at the national level (including research), more than two and a half times the amount invested in the US Altdh.ually despite the huge sums of money allocated by China to the field of renewable energy, the country still relies on coal for energy production.

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