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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 ins
by 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