Millions of solar panels are piling up in warehouses across the Continent because of a manufacturing battle in China, where cut-throat competition has driven the world’s biggest panel-makers to expand production far faster than they can be installed.
The supply glut has caused solar panel prices to halve. This sounds like great news for the EU, which recently pledged to triple its solar power capacity to 672 gigawatts by 2030. That’s roughly equivalent to 200 large nuclear power stations.
In reality, though, it has caused a crisis. Under the EU’s “Green Deal Industrial Plan”, 40pc of the panels to be spread across European fields and roofs were meant to be made by European manufacturers.
However, the influx of cheap Chinese alternatives means that instead of tooling up, manufacturers are pulling out of the market or becoming insolvent. Last year 97pc of the solar panels installed across Europe came from China.[...]
The best estimates suggest that about 90 gigawatts worth of solar panels are stashed around Europe. That solar power capacity roughly equates to 25 large nuclear power stations the size of Hinkley Point C.[...]
The sheer scale of the problem was revealed in a recent report from the International Energy Agency (IEA).
It warned that although the world was installing at record rates of around 400 gigawatts a year, manufacturing capacity was growing far faster.
By the end of this year solar panel factories, mostly in China, will be capable of churning out 1,100 gigawatts a year – nearly three times more than the world is ready [sic] for. For comparison, that’s about 11 times [!!!!] the UK’s entire generating capacity.
For some solar power installers, it’s a dream come true. Sagar Adani is building solar farms across India’s deserts, with 54 in operation and another 12 being built.
His company, Adani Green Energy, is constructing one solar farm so large that it will cover an area five times the size of Paris and have a capacity of 30 gigawatts – equal to a third of the UK’s entire generating capacity.
“I am installing tens of millions of solar panels across these projects,” says Adani. “Almost all of them will have been imported from China. There is nowhere else that can supply them in such numbers or at such prices.
“China saw the opportunity before others, it looked forward to what the world is going to set up 10 years on. And because they scaled up in the way they did, they were able to reduce costs substantially as well.”
That scaling up meant the capital cost of installing solar power fell from around £1.25m per megawatt of generating capacity in 2015 to around £600,000 today – a decrease of more than 50pc – making it cheaper than almost any other form of generation, including wind.[...]
“Up to 2012 there was a healthy looking European solar panel industry but it was actually very reliant on subsidies and preferential treatment.
“But then European governments and other customers started buying from China because their products were so much cheaper. And China still has cheap labour and cheap energy plus a massive domestic market. It’s hard to see Europe recovering from those disadvantages.”
Trying sososo hard to make this sound like a bad thing [23 Mar 24]
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what was like the ‘gift’ that made the brothers finally explain to Branch that putting body parts in a box is EXTREMELY frowned upon in troll society?? Also branch going “huh??? Wym?” boy some people just don’t want blood and flesh as presents okay 😭😭
Honestly nothing can beat the bad guy corpse parts he gave to them. But after that it was just a series of dead animals that tried to attack them, and some bloody troll hair from some randos who threatened them at parties and stuff (one time Floyd complained about some douche bag ex and Branch hunted him down just to beat him up and get a chunk of his hair for his bro)
It took so long for them to finally tell him because he just looked so cute and happy every time he gave them a gift!!! The final straw was when they were complaining about some pest in the kitchen (troll equivalent to a cockroach) and Branch hunted down every last cockroach(?) in the village just to bring it to them on the doorstep, like he was a cat giving u a ded mouse (When they sat down to have the talk that dead things as gifts are actually super gross Branch just had this confused face and basically said “whaaa”😦)
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Apparently VanityMoth is back and he made a video about “the slow death of the MD fandom” or something like that and like
Sorry that people have other interests, I guess
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I'm going to be absent, a lot
Especially this week, I'll try to post the Canva of sbg when I can but I won't feel the motivation to do anything else, I'm going through a bad state and I can't bring myself to do anything
So I apologize in advance if I don't reply to reblog or comments ect
<3
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