China: solar energy asset finance

In 2021, China's asset finance investments in solar energy amounted to roughly 74 billion U.S. dollars. This was more than two times the solar energy asset finance in the country one year earlier. China was the largest market worldwide for solar asset finance in 2021, surpassing developed markets, which invested a total of 51 billion U.S dollars that year.

Solar energy asset finance investments in China from 2017 to 2021 (in billion U.S. dollars)

Characteristic	Investments in billion U.S. dollars
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Release date

November 2022

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Region

China

Survey time period

2017 to 2021

Supplementary notes

Renewable asset finance refers to new-build renewable projects financed through balance sheets or other mechanisms including project finance, syndicated equity, or project bonds. It excludes renewable projects financed through corporate finance, including venture capital, private equity, and public markets. It also excludes investments in small-scale solar projects.

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