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How China Came to Dominate the World in Solar Energy https://www.nytimes.com/2024/03/07/...nergy-exports.html?smid=nytcore-android-share
"China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38 percent while its exports of key components almost doubled.
Get ready for an even bigger display of China’s solar energy dominance.
While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing far ahead.
At the annual session of China’s legislature this week, Premier Li Qiang, the country’s second-highest official after Xi Jinping, announced that the country would accelerate the construction of solar panel farms as well as wind and hydroelectric projects.
With China’s economy stumbling, the ramped-up spending on renewable energy, mainly solar, is a cornerstone of a big bet on emerging technologies. China’s leaders say that a “new trio” of industries — solar panels, electric cars and lithium batteries — has replaced an “old trio” of clothing, furniture and appliances."
Meantime, China has the largest navy in the world and can build ships 300 times our capacity.
China is no joke. People better wake the **** up.
China also drew up new maps claiming Russian territory is theirs.
And, I am sure we are all aware how they are building islands in the south China Sea, just off shore of the Philippines as the claim the entire Asian Sea as theirs.
"China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38 percent while its exports of key components almost doubled.
Get ready for an even bigger display of China’s solar energy dominance.
While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing far ahead.
At the annual session of China’s legislature this week, Premier Li Qiang, the country’s second-highest official after Xi Jinping, announced that the country would accelerate the construction of solar panel farms as well as wind and hydroelectric projects.
With China’s economy stumbling, the ramped-up spending on renewable energy, mainly solar, is a cornerstone of a big bet on emerging technologies. China’s leaders say that a “new trio” of industries — solar panels, electric cars and lithium batteries — has replaced an “old trio” of clothing, furniture and appliances."
Meantime, China has the largest navy in the world and can build ships 300 times our capacity.
China is no joke. People better wake the **** up.
China also drew up new maps claiming Russian territory is theirs.
And, I am sure we are all aware how they are building islands in the south China Sea, just off shore of the Philippines as the claim the entire Asian Sea as theirs.