China has been a leader in the global solar industry for many years, and the country’s solar installations are expected to continue to grow rapidly in 2023. According to the National Energy Administration of China (NEA), China installed 33.6 gigawatts (GW) of solar capacity in the first quarter of 2023. This is an increase of […]
China Resorts to Renewable Energy To Save Itself From Smog Recent reports from China indicate that the country has been inundated under a sea of smog that has covered large swathes of the northern part of the country in this winter. There have been horror stories about how a cruise ship could not dock in […]
Subsidies and Low Labor cost not the reason for Chinese Solar Competitiveness NREL and MIT don’t think that low wage costs and generous subsidies are driving the Chinese advantage in solar panel manufacturing. They think that the massive scale of Chinese silicon panel factories is the main reason for their competitiveness. NREL thinks that the […]
Power Grid in India and China China and India are investing billions of dollars to increase their transmission capacity to accommodate the sharp growth in renewable energy. Both countries have aggressive plan to increase the percentage of generation from solar and wind energy. Fossil fuel energy is reaching the limits in these countries, due to […]
China and Taiwan to account for 90% of Global Supply The Chinese solar industry has been making global media headlines as USA imposed a duty on Chinese solar panel imports. A trade war was averted with Europe after both sides reached a last minute deal. Under the deal China is restricted to sell only 7 […]
Ill Effects of Global Solar Trade Wars The globalized nature of our economy has unexpected side effects for workers and companies. Though globalization has brought prosperity and an increased standard of living for a lot of people, it has also raised the risks that entities faced due to black swan events. USA imposed a duty […]