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Grouped bar chart showing the top 10 countries for avoided CO₂ emissions from China’s overseas clean-tech activity, in MtCO₂, for 2024. The data is split into three categories: Exports, Overseas factories, and Overseas power projects, and broken down by technology: solar, batteries, EVs, hydro, and wind.

Exports: India and Saudi Arabia lead with the largest emissions reductions, primarily from solar, followed by Pakistan, Netherlands, and others.

Overseas factories: Saudi Arabia and Malaysia dominate, mostly with solar, with contributions from Mexico, Brazil, and the UK (including hydro and EVs).

Overseas power projects: UAE leads, followed by Tanzania, Egypt, and Iraq, with a mix of solar, hydro, and wind.

World map showing avoided CO₂ emissions in 2024 from China’s clean-tech activity, measured in MtCO₂ and represented by blue circles sized according to the volume of emissions reduced per country. Larger circles indicate greater CO₂ reductions. Saudi Arabia shows the largest reduction (80 MtCO₂), followed by India (34), the US (17), Pakistan (13), Malaysia (12), and the Netherlands (11). Several other countries across all continents show smaller reductions. A scale in the lower left corner shows circle sizes for 1, 10, and 80 MtCO₂. Source: Analysis by Lauri Myllyvirta for Carbon Brief.

Bar and area chart illustrating the global emissions impact of China’s clean-energy exports in 2024. The chart shows that the upfront manufacturing emissions (represented by a small dark bar above the zero line in 2024) are quickly offset in less than a year. Below the zero line, uniform dark blue bars represent annual CO₂ emissions avoided from 2024 to 2044 due to the use of these exports. A large blue hatched triangle beneath the bars visualizes the cumulative emissions avoided over 20 years, labeled “Emissions savings will be 40x the CO₂ impact of manufacturing.” Source: Analysis by Lauri Myllyvirta for Carbon Brief.

Horizontal bar chart showing overseas CO₂ emissions avoided from China’s clean-tech activity in 2023–24, measured in MtCO₂ and broken down by technology type: solar, batteries, EVs, hydro, and wind. Three categories are shown: “Exports,” “Overseas factories,” and “Overseas power projects.” Solar dominates all three categories, particularly in exports, which account for the largest emissions savings. Batteries and EVs also contribute notably in overseas factories. Wind and hydro make smaller contributions. Source: Analysis by Lauri Myllyvirta for Carbon Brief.

"Bold orange background with a large black number '5' on the left. The main white text reads: 'Solar is Already the Cheapest Option'. Smaller white text underneath says: 'Its LCOE is below fossil fuels – and module costs keep trending down.' A black solar panel graphic appears in the top-right corner, reinforcing the solar energy theme."

"Bright orange background with large black number '4' on the left. The white and bold text reads: 'Domestic Solar Manufacturing Is Surging'. Below, smaller text in black and white says: '8.6 GW of module capacity was added in Q1 2025 alone — the 3rd biggest growth quarter ever.' The image emphasizes significant recent growth in U.S. solar manufacturing."

3. Battery Prices Are Falling
Main Insight: The cost of battery storage is decreasing.

Policy Advantage: Battery storage still qualifies for a significant Investment Tax Credit (ITC) boost.

Implication for Solar: As battery prices drop, the overall profitability of solar energy systems increases.

Summary Statement:
Cheaper batteries ➜ more solar profitability.

A bold infographic with an orange background features a large black number “2” followed by the headline: “Data Center Demand is Booming.” The text below reads: “Power demand from data centers is expected to double by 2028.” At the bottom, it states: “More load = more clean energy opportunity.” A stylized illustration of a cloud and circuit lines appears on the right side.

Orange graphic with a large black number 1 and white text stating: 'PPA Prices Are Rising.' Subtext explains that buyers—especially corporates—are absorbing higher costs, which supports long-term revenue for developers even without a full ITC.

Bright orange graphic from FutureKeepers with bold white and black text reading: '5 Trends That Even the “Big Beautiful Bill” Can’t Stop.' Below, smaller text reads: 'Feeling down about the ITC being gutted? You're not alone. Here’s your source of optimism.'

$Surreal Indian sunrise scene, glowing solar panels blooming like lotus flowers across golden fields, a luminous river reflecting warm amber light, faint silhouette of the Taj Mahal shimmering in the mist, banyan trees with hanging lanterns, a young woman in a flowing sari releasing light from her hands, birds spiraling overhead in fractal patterns, intricate Rangoli patterns woven into the earth, style of Studio Ghibli meets Moebius, painterly texture, dreamy color palette, magical realism, soft light, ultra detailed$