Caixin
Oct 26, 2022 03:26 AM
CHINA

There’s No Cheap Way to Escape China’s Domination of Clean Energy

(Bloomberg) — China dominates clean energy supply chains and has enough manufacturing capacity to meet global demand for most of the solar market to 2030. But as the U.S. and Europe decarbonize their economies, Western governments are seeking to meet their own needs with new, local facilities capable of producing photovoltaic panels and storage.

It won’t be easy or cheap.

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