China’s solar industry is losing money. The country is doubling down anyway.
via yicaiglobal.com
Short excerpt below. Read at the original source.
Cheap, abundant Chinese solar panels have become essential to decarbonizing the global energy system. Without them, the world’s clean energy transition would have arguably been slower and more expensive. But China’s solar manufacturing industry now faces a bizarre problem: oversupply. Chinese solar manufacturers have built far more production capacity than the market can absorb. In […]