• HobbitFoot
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    3 days ago

    Chinese provincial governments also spent a lot of money building out photovoltaic production capacity as part of their way to meet their GDP goals. With the property market crash still working its way through the Chinese economy, China needs to sell solar panels to keep its market afloat.

    Not that it is a bad thing that China has a financial incentive to make more solar panels, just noting that there are more direct economic reasons for China to go all renewables.