Baua Electric
FEBRUARY 29, 2024
Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.
Baua Electric
FEBRUARY 8, 2024
Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. European local solar panel manufacturers have reached a crisis in that they say they can’t compete with cheap imports and oversupply.
Teslarati
MARCH 24, 2024
Credit: BYD At the same time, many automakers including Tesla are racing to build their next-generation, mass-market EVs, set to first be produced in Texas as soon as 2025 , then later at an upcoming factory in Mexico , and eventually at a yet-unannounced third location. While BYD said just last month that it has no plans to enter the U.S.
Cars That Think
OCTOBER 27, 2022
There is no end of gushing about China’s cheap solar panels—but when was the last time you saw a paean to hydroelectricity? And some less affluent countries in Africa and Asia are still determined to build more such stations. There is no need to build megastructures, with their inevitable undesirable effects.
Green Car Congress
JULY 31, 2019
These include energy shifting (moving in time the dispatch of electricity to the grid, often from times of excess solar and wind generation), peaking in the bulk power system (to deal with demand spikes), as well as for customers looking to save on their energy bills by buying electricity at cheap hours and using it later.
Baua Electric
JANUARY 22, 2024
Back in September, the EU launched an investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the EU. China last year overtook Japan as the world’s biggest car exporter – but most of those were ICE vehicles sold to Russia.
Baua Electric
MARCH 6, 2024
Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union. But now Europe may enforce its own tariffs.
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