fbpx

Type to search

China Dominates Clean Energy, as Well as EV Batteries – FP

IEA data highlights China’s key role in making photovoltaic wafers, cells and modules for solar panels, plus blades, towers and nacelles (turbine units) for wind-power generation


China is set to become the first country to install 100 GW(AC) of solar in a year.
A worker conducts a check of a solar module at a factory in Xian. China's exports of solar panels rose by 34% in the first half and it is expected to dominate the supply chain for years. Reuters file photo, 5 December 2022.

 

China is the dominant player in the supply chain that processes many critical minerals such as lithium, nickel, cobalt and manganese, which are important for batteries in electric vehicles, but it also plays a commanding role in clean energy technologies such as wind power and solar panels, according to a Foreign Policy report, which cited International Energy Agency data highlighting its dominant manufacturing role in photovoltaic wafers, cells and modules, plus blades, towers and nacelles (containing turbine units) for wind-power generation.

But analysts say it’s important to incentivise the development of these industries for reasons related to the economy and climate change – rather than ‘national security’ – and remember that the world is still at the beginning of a massive energy transition, and that while China has a head start, many countries are in it for the long haul, the report said.

Read the full report: Foreign Policy.

 

 

ALSO SEE:

China’s CATL to Help Tap Into Bolivia’s Lithium Riches

 

Australia Speeds up Its Transition to Green Power – SMH

 

Indonesia Will Launch $2-Billion EV Fund With China’s CATL

 

China’s Zijin to Invest $380m in Argentina Lithium Plant

 

Australian Minister Confident ‘Sun Cable’ to Asia Will Proceed

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.

logo

AF China Bond