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Chinese Companies Eye America’s Clean Energy

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Los Angeles, (TDI): Hundreds of Chinese companies are in search of investment opportunities in North America’s clean energy sector, Chinese states-run media has reported.

More than 300 Chinese companies participated in the RE+ 2024 expo, North America’s largest clean energy event, this week.

The four-day event was launched on Monday at Anaheim Convention Center, California.

Read More: US, China officials meet for trade talk

They showcased their latest products and technologies, seeking more market opportunities.

The four-day event, kicked off on Monday at the Anaheim Convention Center in Anahiem, California, the USA.

Reports suggest that some well-known Chinese clean energy companies, including CATL, BYD, Gotion and Hithium were on the show floor, together with lots of small-and medium-sized companies.

Quoting a senior overseas marketing manager at China’s Kehua Digital Energy, the report said that America is one of the largest market for Chinese investors. He clarified his company intentions looking for expansion in North America.

Also Read: China Eyes Green Energy investment  in Azerbaijan/

Based on power conversion technology, Kehua Digital Energy has diversified solutions and rich project experience in the fields of photovoltaic, energy storage, microgrids, and integrated energy services.

Similarly, China’s Hithium Energy Storage – one of the top five companies in global energy storage battery shipments has recently opened a new marketing center in Fremont, California, earlier this year.

Though 2023 witnessed a slight decline in China’s exports but still China exported about $ 3.38 trillion worth of goods. China is one of the largest trading partner of America.

Reports suggest that until now China’s main export to America, only in July this year China exported mostly to the United States ($ 45.7 billion).

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