Caixin
Sep 26, 2022 03:25 PM
BUSINESS

Solar Outshines Wind to Lead China’s Clean-Energy Transition

The main driver for solar’s dominance is larger and more sophisticated factories that increase economies of scale. Photo: Bloomberg
The main driver for solar’s dominance is larger and more sophisticated factories that increase economies of scale. Photo: Bloomberg

(Bloomberg) — In some ways solar is having too much success in China.

Installing panels has become so popular that Chinese officials drafted regulations to make sure developers don’t put them on land needed for other uses. And new data suggests the solar frenzy has only just begun.

Solar panels have overtaken wind turbines in the world’s biggest renewables market as photovoltaic manufacturers ramp up output to lead the energy transition.

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