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This. I wonder why people say India will be the next China, as if they are still living in the past. The future is about cheap energy powering robots, not cheap

This. I wonder why people say India will be the next China, as if they are still living in the past. The future is about cheap energy powering robots, not cheap labor. The era of growth based solely on cheap labor is slowly ending with robotization.

onlyrealcuzzo 2y ago
India, too, has solar radiation and wind. China does not have a monopoly on the ability to invest in renewables. It is doing an outstanding job of doing that, but if India wakes up, India can do it, too. At the end of the day - few countries have better solar radiation than India: https://www.worldbank.org/en/topic/energy/publication/solar-photovoltaic-power-potential-by-country https://www.worldbank.org/en/topic/energy/publication/solar-... That's going to matter more than your ability to produce panels slightly cheaper.
- kkzz99 2y ago
  The difference is that China has the complete chain, from the raw materials, processing of said materials, manufacturing, integration, maintenance. They have the IP and know-how. India may have the land and the sun, but it lacks the hard parts.
  - onlyrealcuzzo 2y ago
    The solar radiation profile is more important than the panel. India can just buy the panels from China and be in nearly the same position, because India has a much better solar profile. If Greenland was a solar panel production powerhouse, they would never be able to compete with someone like India for solar energy generation... China has a decent profile, but India's is significantly better.
    - kkzz99 2y ago
      >India can just buy the panels from China and be in nearly the same position. Can it though? This will be impossible because of Indian domestic politics. You will also never get the same benefits by buying as in producing them yourself.
- lossolo 2y ago
  China's installed solar power capacity rises 55.2% in 2023.[1] It added 216 GW of solar PV capacity alone in 2023 that was equal to 14% of the world's total installed solar PV capacity, more than what many countries have ever installed in total. India added 7.5 GW of solar in CY 2023, a 44.1% drop from 13.4 GW installed in CY 2022. So India 7.5GW vs China 216 GW. "China is already the largest industrial robot market in the world. It accounted for 52 percent of robot installations worldwide in 2022" [2][3] I don't see how they can compete in renewables or robots. Catching up to China will be extremely difficult. 1. https://www.reuters.com/business/energy/chinas-installed-solar-power-capacity-rises-552-2023-2024-01-26/ https://www.reuters.com/business/energy/chinas-installed-sol... 2. https://itif.org/publications/2024/03/11/how-innovative-is-china-in-the-robotics-industry/ https://itif.org/publications/2024/03/11/how-innovative-is-c... 3. https://orcasia.org/article/562/chinas-robot-revolution https://orcasia.org/article/562/chinas-robot-revolution

onlyrealcuzzo 2y ago

India, too, has solar radiation and wind. China does not have a monopoly on the ability to invest in renewables. It is doing an outstanding job of doing that, but if India wakes up, India can do it, too. At the end of the day - few countries have better solar radiation than India: https://www.worldbank.org/en/topic/energy/publication/solar-photovoltaic-power-potential-by-country https://www.worldbank.org/en/topic/energy/publication/solar-... That's going to matter more than your ability to produce panels slightly cheaper.

kkzz99 2y ago
The difference is that China has the complete chain, from the raw materials, processing of said materials, manufacturing, integration, maintenance. They have the IP and know-how. India may have the land and the sun, but it lacks the hard parts.
- onlyrealcuzzo 2y ago
  The solar radiation profile is more important than the panel. India can just buy the panels from China and be in nearly the same position, because India has a much better solar profile. If Greenland was a solar panel production powerhouse, they would never be able to compete with someone like India for solar energy generation... China has a decent profile, but India's is significantly better.
  - kkzz99 2y ago
    >India can just buy the panels from China and be in nearly the same position. Can it though? This will be impossible because of Indian domestic politics. You will also never get the same benefits by buying as in producing them yourself.
lossolo 2y ago
China's installed solar power capacity rises 55.2% in 2023.[1] It added 216 GW of solar PV capacity alone in 2023 that was equal to 14% of the world's total installed solar PV capacity, more than what many countries have ever installed in total. India added 7.5 GW of solar in CY 2023, a 44.1% drop from 13.4 GW installed in CY 2022. So India 7.5GW vs China 216 GW. "China is already the largest industrial robot market in the world. It accounted for 52 percent of robot installations worldwide in 2022" [2][3] I don't see how they can compete in renewables or robots. Catching up to China will be extremely difficult. 1. https://www.reuters.com/business/energy/chinas-installed-solar-power-capacity-rises-552-2023-2024-01-26/ https://www.reuters.com/business/energy/chinas-installed-sol... 2. https://itif.org/publications/2024/03/11/how-innovative-is-china-in-the-robotics-industry/ https://itif.org/publications/2024/03/11/how-innovative-is-c... 3. https://orcasia.org/article/562/chinas-robot-revolution https://orcasia.org/article/562/chinas-robot-revolution