China to Spend $940B on Energy Transition in 2026

China will once again be the biggest investor this year in alternative energy sources, spending some $940 billion on capacity and infrastructure. While still spending substantial sums on capacity, China will this year spend more on grid expansion and support infrastructure in a much-needed change of priorities. The figure above comes from the Global Energy Transition Report released this month by the China Enterprise Reform and Development Society, a state-linked think tank. According to the report, as of the end of 2025, China’s installed…