
The Global South Has Spent Over $235 Billion on Chinese Clean Energy Technology Since 2024, Reshaping the Energy Transition
Countries in the Global South have spent more than $235 billion on Chinese-made clean energy technology since 2024, according to a Reuters analysis published on October 19. They now account for over half of global spending on Chinese transformers, switchgear and solar arrays, while electric vehicle imports have jumped from $6 billion in 2023 to $73.2 billion in 2026.
















