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> subsidized by a communist state, to stifle worldwide competition China primarily wants to cut oil and gas imports. Exports are a bonus.
by throwaway473825 1y ago
> subsidized by a communist state, to stifle worldwide competition
China primarily wants to cut oil and gas imports. Exports are a bonus.
- philipkglass 1y agoChina was a big solar exporter before it was a big solar installer. China had a small solar manufacturing capacity in 2003. By 2008 it was number one in the world for solar manufacturing and it has remained there since: https://en.wikipedia.org/wiki/Solar_power_in_China#/media/File:Largest_Producers_of_Solar_Cells_by_Country-Market_Share.svg https://en.wikipedia.org/wiki/Solar_power_in_China#/media/Fi... But it didn't start installing large quantities of solar power domestically until 2013: https://en.wikipedia.org/wiki/Solar_power_in_China#Solar_PV_by_province https://en.wikipedia.org/wiki/Solar_power_in_China#Solar_PV_... Before that, solar power was too expensive for large scale use inside China. Chinese renewable energy growth was mostly hydropower and wind before 2013. Now of course China is by far #1 in yearly solar power installations as well as solar manufacturing, and that in combination with electric vehicle adoption is helping to curb oil demand: "China’s electric car revolution hammers demand for oil" https://finance.yahoo.com/news/china-electric-car-revolution-hammers-155408191.html https://finance.yahoo.com/news/china-electric-car-revolution...