China to lead global renewable growth with record installations

China is leading the global renewables market and is on track to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, consultancy Wood Mackenzie said on Tuesday.

China’s estimated installation is more than double the number of U.S. and Europe installations combined, Woodmac said in a report.

China’s wind and solar project investment is expected to reach $140 billion for 2023, the report added.

Fidelity China Special Situations PLC (LON:FCSS), the UK’s largest China Investment Trust, capitalises on Fidelity’s extensive, locally-based analyst team to find attractive opportunities in a market too big to ignore.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Fidelity China Special Situations

More articles like this

Fidelity China Special Situations

China’s Yuan rises as investors await key economic data

China’s yuan rose slightly against the dollar on Thursday, underpinned by robust northbound inflows into Chinese stocks, while investors awaited the annual meeting of the country’s parliament and key U.S. data for more clues on the

Fidelity China Special Situations

China’s AI revolution: Exploring opportunities in AI stocks

Delve into China’s AI revolution and discover the driving forces behind the rapid surge in AI stocks. From government support to groundbreaking technologies, explore the opportunities and challenges in investing in China’s vibrant AI sector. As

Fidelity China Special Situations

China stock markets rise on upbeat travel data

Stock markets in China rose as traders returned from a long holiday on Monday to upbeat travel data, while Hong Kong stocks fell. The CSI 300 added 0.5% as trading resumed following the Lunar New Year

Fidelity China Special Situations

China stocks rebound as US Fed signals slower rate cuts

China stocks reversed losses on Monday, rebounding off five-year lows, while most Asia markets kickstarted the holiday-shortened week largely lower on fears of higher-for-longer interest rates. The U.S. Federal Reserve Chair Jerome Powell said the central bank

Fidelity China Special Situations

Chinese stocks Gain as confidence returns to investors

Chinese stocks gained again on Thursday as confidence returned to investors in Hong Kong and Shanghai amid positive signs of government stimulus. Meanwhile, Tokyo stocks steadied after slipping lower in recent days. Hong Kong’s Hang Seng

Fidelity China Special Situations

China stocks rebound after a five-day losing streak

China stocks rebounded slightly on Tuesday, after a five-day losing streak, with tourism companies leading the gains amid rising enthusiasm for winter travel, and as some investors bought the dip after blue-chip shares hit a nearly

Fidelity China Special Situations

Investors getting tempted by cheap China stocks

China’s stock markets have been in a slump since early 2021, losing nearly two-thirds of their value — which is making some investors very, very tempted. Almost one-third of 417 respondents to Bloomberg’s weekly Markets Live

Fidelity China Special Situations

China stocks get a new look

A New York-based emerging markets equities fund that has outperformed most of its peers has been adding to its Chinese stock holdings in recent months, as it deemed this year’s relentless selling to be overdone. Pzena

Fidelity China Special Situations

Hong Kong stocks surge in best week since July

Hong Kong stocks surged, heading for their best week in more than four months, after China took measures to spur home sales in top-tier cities. Optimism about an imminent end to global rate hikes also fanned gains. The

Fidelity China Special Situations

China stocks rebound

Chinese stocks staged a sharp recovery in afternoon trading, with a spike in volumes for an exchange-traded fund tracking state-owned shares fueling speculation of buying by state funds.   The CSI 300 Index reversed all of