China Clean Energy Boom Starts Replacing Coal as JinkoSolar, LONGi and Battery Makers Expand Capacity
China's clean-energy expansion is replacing fossil fuels, with coal-fired generation declining in 17 provinces. JinkoSolar, LONGi, and others are expanding solar and battery storage capacity. Thermal generation fell 0.7% in 2025 despite a 5% rise in electricity demand. Battery storage capacity surged 84% in 2025, with JinkoSolar targeting 100 GW solar and 13-14 GWh battery capacity by 2026.
How this was made
The 30-second read
Why it matters
The disclosed capacity expansions suggest a structural shift in China's power mix, which may influence global renewable equipment demand and commodity markets.
Market read
China's rapid renewable expansion could reshape global energy markets, benefiting equipment makers while challenging coal assets.
What to watch
Potential supply‑chain constraints for battery materials and geopolitical tensions affecting export markets.
Background
The article summarizes Ember's 2026 China Energy Transition Review and outlines capacity targets announced by JinkoSolar and other Chinese solar firms.
Market effects
Highlights accelerating shift to solar and storage, benefiting the global renewable equipment sector.
China's transition may pressure coal producers while boosting Chinese solar manufacturers.
Signals broader demand for integrated solar‑plus‑storage solutions worldwide.
Counterpoint
If Chinese policy slows or subsidies wane, capacity expansions could face overcapacity risk.
Key entities
- CompanyJinkoSolar
Chinese solar manufacturer targeting ~100 GW solar capacity and 13‑14 GWh battery capacity by end‑2026.
- CompanyLONGi Green Energy
Expanding into integrated solar‑plus‑storage solutions.
- CompanyTrina Solar
Positioning energy storage as a second growth engine.
- CompanyJA Solar
Increasing focus on battery storage alongside photovoltaics.
