Global Demand for Chinese Renewable Technologies Spikes Amid Oil Supply Disruptions

Sun, 03 May 2026 14:00:00 +0200

Following the outbreak of the war in Iran, countries facing oil shortages have increasingly turned to renewable energy solutions, with China emerging as a key global supplier. According to the energy think tank Ember, Chinese exports of solar technology, batteries, and electric vehicles (EVs) reached unprecedented levels in March 2026. Specifically, China exported 68 gigawatts of solar technology, a 50% increase over the previous record set in August 2025. Fifty countries, especially in Asia and Africa, recorded their highest-ever imports of Chinese solar products, driven by the ongoing energy crisis. The surge in exports of batteries and EVs also contributed significantly to this growth, rising 70% year-over-year. Chinese battery exports alone reached $10 billion in March, with strong demand from the European Union, Australia, and India. Analysts note that the uncertainty over the Strait of Hormuz and the resulting energy security concerns have accelerated the transition to clean ener