China is making substantial green energy investments in infrastructure endeavours in Africa, the Middle East and Central Asia. In Africa, China’s work in alternative energy reached a historic high in 2023 of about US$2.7 billion. Alternative energy work in the […]
On 5 February, 2024, the Green Finance & Development Center (GFDC) at Fudan University, China, in assocuation with the Asia Institute at Griffith University, Australia, released a report titled China Belt and Road Initiative (BRI) Investment Report 2023. In November 2023, the […]
In 2023, China announced the launch of a large-scale solar power generation project with South Africa. Its annual power generation capacity is expected to be as high as 300 million kilowatt hours, enough to supply the electricity needs of 420,000 […]
Serbia’s Green Horizon: The $2.2 Billion Investment from China in a Sustainable Future In a move that signals a transformative wave across the European energy lands, Serbia has announced a monumental $2.2 billion investment commitment from China. This landmark commitment strives to […]
Chinese engineers complete largest solar farm on Earth in UAE The world’s largest single-site solar power plant – a flagship project under China’s Belt and Road Initiative – was inaugurated by the United Arab Emirates (UAE), days ahead of the UN climate […]
Russia will double the capacity of renewable energy generation by 2050. By 2050, demand for hydrocarbons is expected to decrease, but new low-carbon energy markets are already opening up. Ilya Torosov, First Deputy Minister of Economic Development of Russia, said […]
On the fifth anniversary of Uruguay’s participation in the Belt & Road Initiative (BRI), China and Uruguay announced they will upgrade bilateral ties to a comprehensive strategic partnership during talks between the two heads of state, and agreed to deepen […]
Over 20 more countries apply to join the now 10 member BRICS+ group. From 1 January 2024, the existing five member BRICS group (Brazil, Russia, India, China and South Africa) grew to become BRICS PLUS, with the addition of five […]
At the heart of the connection between the BRI and EAEU is the mutual coordination of China’s and Russia’s economic interests in Eurasia. The Eurasian Economic Union (EAEU) groups Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. Starting from January 1, 2024, […]
Russia has assumed the one-year rotating presidency of BRICS following its groundbreaking expansion in 2023. Russia holds the chairmanship of BRICS bloc, that from 1 January has expanded to ten members with the entry of Egypt, Ethiopia, Saudi Arabia, the […]
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