China’s TBEA plans to invest $174m in green energy fund

China’s TBEA plans to invest $174m in green energy fund

Photo by Andres Siimon on Unsplash

TBEA has co-launched a fund to invest 1.1 billion yuan ($173.5 million) in green and clean energy companies, as the Chinese energy equipment maker seeks to create industry synergies to promote its new energy business amid Beijing’s pledge to go carbon neutral before 2060.