Climate Change
Climate Change
Out of context: Reply #565
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- neverscared0
https://www.bruegel.org/sites/de…
Solar photovoltaic technology is set to be a critical enabler of the global energy transition, with mass deployment being enabled by a 90 percent drop in solar module costs over the past two decades. By 2025 more capacity to generate electricity from solar PV will have been deployed than any other generation technology (IEA, 2023a). A global solar manufacturing industry worth $90 billion has emerged, with China dominant. However, the market is marked by massive overcapacity, with global solar manufacturing capacity for modules in 2023 at 1,140 gigawatts (IEA, 2023b, 2024) compared to annual deployment of 345 GW (Ember, 2024).
- not mentioned in there that the modules are stockpiled in europe, overcapacity but china is only producing what it can sell.kingsteven
- safe enough bet given the chance of potential further EU subsidies, supply chain issues, tariffs or over estimation of EU manufacturing capacity.kingsteven