26 °C Singapore, SG
October 4, 2022
Latest News
US to boost floating wind power Wind Power in South Korea – an overview GS E&C to develop bioethanol using cassava waste Korean business group has asked the US to make exceptions for Korean EV’s in Inflation Reduction Act Equinor’s Australian offshore wind debut Global energy transition stalls – 2022 Global Status Report in pictures India’s ReNew Power secures $1bn loan for gigascale 24/7 wind-solar-battery project POSCO International to merge with POSCO Energy Is the answer to Australia’s high electricity prices blowing in the wind? The Arctic has warmed ‘nearly four times faster’ than the global average Customer-centric demand response a key solution for Japan’s energy transition challenges Asia-Pacific forecast to reach 1 billion smart electricity meters by 2026 – study Polestar CEO Wants to Build O2 Electric Roadster Joanne Khew shifts from Standard Chartered Bank to ESG role at Eastspring Investments HCM City eyes advanced waste-management technologies Transitions to efficient LED lighting can mitigate the energy crisis New biobattery: using bacterial interactions to generate power European passenger plugin car market is still expanding Air Canada takes off with sustainable aviation fuel from San Francisco BrightNight expands into Australia GE Awarded 9HA Gas Turbine Order to Deliver Approximately 2 Gigawatts of Electricity in Guangdong, China Taking Action: Energy-Related Climate Change Mitigation Policies in ASEAN Meralco floats a tender of 850 MW renewable energy capacity Genex starts construction at flagship pumped hydro storage project GM bets on fuel-cell as battery shortcomings hamper clean energy transition Masdar and Cosmo Energy to explore renewable initiatives in Japan El Salvador Eyes Major Renewables Push Under New Partnership with IRENA Iberdrola eyes 3.5GW offshore wind in Philippines BP and Maersk successfully carry out marine biofuel trials The Korean way towards green growth

Solar power’s future could soon be overshadowed

Despite its recent runaway success, solar power’s future as a key way to counter climate chaos could soon be at risk.

LONDON, 12 February, 2021– As more households and industries have opted to harness the sun’s energy, a small but definite shadow is nagging at the many manufacturers who have put their faith in solar power’s future.

Prices have fallen dramatically: according to the International Energy Agency, the cost of producing electricity from solar energy dropped 80% over the past decade. But a mix of international economic rivalries and human rights issues could hamper the onward expansion of solar around the world.

Up till 15 years ago companies in Europe and Japan dominated the solar manufacturing industry. That has all changed: as with so many manufactured products, China now accounts for the bulk of solar equipment produced globally, with about a 70% share.

China itself is also by far the world’s biggest market for solar: about half of all solar power installed round the globe is in China.

China-based companies have invested heavily in sophisticated manufacturing facilities and in research and development. The country’s dominance of the solar manufacturing sector has caused concern in some countries.

“We’ve been telling all solar companies operating in the Xinjiang region to immediately move their supply chains. We’d ask all solar companies to immediately leave the region”

Manufacturers of photovoltaic panels and other solar products in East Asia, the US and Europe have alleged that cheaper, state-subsidised goods from China have hampered development of home-grown solar industries.

The former Trump administration in the US voiced increasingly strident opposition to what it saw as unfair trading practices by China: in early 2018 Washington slapped a 30% tariff on solar imports from China.

The resulting setback for the US solar market – and China’s exporters – was only temporary. The appetite in the US and elsewhere for solar power continues to grow.

In many countries solar energy is out-competing fossil fuels on price. Meanwhile new technologies and more efficient batteries mean large amounts of solar power can be stored for use in periods when the sun doesn’t shine.

Waiting for Biden

In 2019 there was a 24% increase in the number of solar installations in the US, with utility companies, particularly in sunnier and more environmentally progressive states such as California, leading the solar surge.

Whether or not the new Biden administration in the US will soften the hard line taken on China by former President Trump is uncertain.

Some feel that, while Biden might seek to ease trade tensions, there could be more emphasis on human rights issues, particularly in relation to the widely reported actions taken by Beijing against the Uighurs and other Muslim minorities in the north-western province of Xinjiang.

This could have serious implications for the solar industry, not only in China but worldwide. A number of China’s big solar manufacturers, some in partnership with foreign companies, have concentrated their operations in Xinjiang. The province accounts for the bulk of China’s production of polysilicon, one of the most important base materials for solar panels.

There have been reports not only about Uighurs and other groups in Xinjiang being forcibly herded into so-called re-education camps, but also of local people being used as forced labour in solar and other industries.

Human rights concern

Reacting to reports of widespread repression in the region, the US recently banned the import of tomatoes and cotton from Xinjiang.

The US Solar Energy Industries Association (SEIA) – a trade body representing the US solar industry and a sector employing an estimated 250,000 people – said it was taking the reports very seriously.

“Forced labour has no place in the solar industry”, said the SEIA. “Since the fall we’ve been proactively telling all solar companies operating in the Xinjiang region to immediately move their supply chains. We’d like to reiterate this call to action and ask all solar companies to immediately leave the region.”

Beijing has described the reports of forced labour in the province as “the biggest lie of the century”. – Climate News Network

Source

Leave a Reply

Your email address will not be published.