Solar panel prowess of nation should not be viewed as a 'threat'
2 years, 8 months ago

Solar panel prowess of nation should not be viewed as a 'threat'

China Daily  

Aerial photo taken on May 30, 2022 shows China's first solar-tidal photovoltaic power plant in Wugen Township of Wenling, East China's Zhejiang province. According to the report, China's share in all the manufacturing stages of solar panels exceeds 80 percent, more than double its share of global photovoltaic demand. The former US deputy trade representative, Robert Holleyman, who served in the administration of former president Barack Obama, claimed that China's State-subsidized competition has decimated the US' solar panel industry. He urged the administration of President Joe Biden to tighten tariff enforcement on China's solar panel imports allegedly via third countries in Southeast Asia, and ensure that the US Congress reaches a spending deal for large-scale clean-energy development and solar manufacturing tax credits, with an ostensible objective of decoupling from China's solar panel industry. By all means, rebuild America's solar industry, but hasty decoupling from China's solar panels would not only substantially increase the costs of the US' renewable energy transition, but possibly slow its green-energy trajectory due to inadequate substitutes or supply bottlenecks.

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