China is running for the leadership in the field of clean energy

According to Tim Buckley, director of the Institute for Energy Economics and Financial Analysis, nowdays China is the first placed in the ranking for number of investors interested to the field of clean energy.

The analysis of the market reveals that, also due to US withdrawal from the Paris Agreement and their renewed interest for the fossil fuels, the far east country is going to take the absolute leadership in the field of renewable energy.

The report underlines that China already has, with 60% of producers, a role of leadership in the PV systems market field and it is going to become the most important supplier of lithium, nickel and cobalt, that are going to represent the most important new raw materials in the field of Energy.

Moreover, the analysis clarifies that, apart from the aforementioned reasons in the field of International affairs, a further input to the growth was given by the recent International economic relationships. Among these, the Belt and Road Initiative has absolute importance. In fact, already in 2016 it determined Chinese investments in acquisitions for 31 billion dollars, later increased to 41 billion in 2017.