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https://theconversation.com/is-oil-king-again-chinas-surging-cleantech-exports-show-the-opposite-is-true-281349>
"Over the last two months, nations have scrambled to shore up oil supplies as
the Iran war prevented oil tankers moving through the Strait of Hormuz.
This, according to some global analysts, would lead to a downturn for clean
technology exports from China, the world’s top producer of solar, wind,
batteries and electric vehicles. They predicted the rush to secure fuel for
cars and trucks combined with China’s manufacturing oversupply, collapsing
prices and trade barriers would trigger a sharp fall in cleantech exports and a
slowdown in global deployment.
New data from energy thinktank Ember shows the exact opposite has happened.
China’s solar exports doubled in a single month, rising to a new record of 68
gigawatts in March. Fifty countries broke records for imports of Chinese solar
panels. Demand was particularly high in countries hardest hit by the oil
crunch, such as India and the Philippines. Exports of batteries and EVs also
jumped 38% in a month.
Nations aren’t just focused on oil. They’re securing more reliable energy
supplies to avoid the next disruption."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
