币界网报道:JPMorgan Chase is expanding its blockchain-based clean energy trading platform to China, aiming to leverage the country's leadership in renewable technology. The bank's "CleanTech" platform, initially launched in Singapore, uses blockchain to facilitate renewable energy certificate (REC) trading between corporations. China dominates global clean energy production, accounting for over 80% of solar panel manufacturing and significant wind turbine output. The platform will help multinational corporations operating in China meet sustainability goals by purchasing RECs from Chinese renewable projects. JPMorgan's blockchain head Tyrone Lobban noted this move could significantly scale REC trading volumes while improving transparency in carbon credit markets. The initiative comes as China accelerates its renewable energy deployment, targeting 1,200GW of wind and solar capacity by 2030. This expansion marks another major financial institution adopting blockchain solutions for environmental markets following similar moves by competitors like HSBC and Standard Chartered.