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Right now China has a glut of solar panels and batteries. The build up manufacturing capacity to supply the world with panels and EV's... Except they over bui
by zer00eyz 3y ago
Right now China has a glut of solar panels and batteries.
The build up manufacturing capacity to supply the world with panels and EV's...
Except they over built by a massive margin. And both markets collapsed.
Quality problems aside (and they are resolvable), it would behoove someone to figure out how to keep all that running (and with a collapsing yuan no less).
There is a massive amount of money sitting on the table if someone is willing to make a major bet with a 5-10 year pay off.