Yeah, China is doing rather well in transition to Renewables and Nuclear, though it might be concerning for the future when we will have to buy everything Solar and SMR related from them
The only thing driving solar panel production development to China is cost. Cost of labor, cost of environmental regulations, maybe cost of raw material acquisition… All that investment there for the past 20+ years driven by cost is “paying off” now with their production capacity. We’re getting TMSC plants in Arizona, we’ve already got BMW, Mercedes, Toyota etc. production plants in the US, nothing stopping us from building solar panel factories, except international corporate profit optimization.
Yeah, China is doing rather well in transition to Renewables and Nuclear, though it might be concerning for the future when we will have to buy everything Solar and SMR related from them
The only thing driving solar panel production development to China is cost. Cost of labor, cost of environmental regulations, maybe cost of raw material acquisition… All that investment there for the past 20+ years driven by cost is “paying off” now with their production capacity. We’re getting TMSC plants in Arizona, we’ve already got BMW, Mercedes, Toyota etc. production plants in the US, nothing stopping us from building solar panel factories, except international corporate profit optimization.