airnewshubb
Advertisement
  • Home
  • News
  • Air Pollution
  • Causes of Air Pollution
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Air Pollution
  • Causes of Air Pollution
  • Contact Us
No Result
View All Result
airnewshubb
No Result
View All Result
Home Air Pollution

China’s growing photovoltaic industry may become the preferred choice of the European and American markets

admin by admin
September 22, 2022
in Air Pollution


In the context of climate change, energy crisis and recurring epidemics, the world attaches great importance to sustainable development and low-carbon energy transformation. Driven by breakthroughs of renewable energy and policy tools, the global photovoltaic market maintains a good development trend.

In recent years, China’s photovoltaic industry has become an important player in the global photovoltaic industry. For the global market, the choice of China’s PV supply chain is an extremely favorable move.

China's growing photovoltaic industry may become the preferred choice of the European and American markets

China’s growing photovoltaic industry may become the preferred choice of the European and American markets

Insiders believe that the essence of building a community of human destiny can be summarized by “national interests and common prosperity”. Countries across the world should deeply understand that their destinies are closely linked to each other, so as to promote mutually beneficial cooperation, give full play to their own advantages, jointly make a larger cooperation cake, and guarantee the right of all countries to pursue prosperity and development.

In recent years, in order to rapidly reduce the use of coal, Europe has been promoting new energy sources very rapidly, relying on natural gas, while vigorously developing wind and hydroelectric power generation.

With the outbreak of the Russia-Ukraine conflict and the impact of a series of sanctions, energy prices tend to be even more prone to rise and difficult to fall. Analysis points out that Russia’s completely cut off the gas supply may lead to the eurozone into a serious recession, and further aggravate the already high-level inflation. At the same time, with the coming of the cold winter, Europe demand of electricity increases, and most European countries currently have limited reserves of natural gas, the future is likely to introduce related “gas restrictions” measures. In the background of economic recession, inflation and power shortage, Europe is bound to strengthen the investment in photovoltaic and other new energy power facilities, especially the construction of household light storage systems.

Chinese PV exports have also encountered some difficulties. According to Bloomberg, U.S. Customs has detained as much as 3 GW of imported PV modules since June of this year; by the end of the year, as much as 9 to 12 GW of PV modules are expected to be blocked from entering the U.S. market. This suggests that the U.S. Uyghur Forced Labor Prevention Act (UFLPA) is having a significant impact on trade flows; disruptions in U.S. PV trade with China could slow the expansion of the U.S. renewable energy industry, according to the report.

The industry believes that the U.S. crackdown on Chinese PV is unnecessary. “For the United States, the development of photovoltaic industry is its top priority to achieve low-carbon energy transition, it is wise to choose the appropriate Chinese imports,” an industry source said.

As the economist Qiu Jin previously said: “We are not participating in a sports competition, only a gold medal for all to compete, we can make the common cake, the common fruit bigger. By working together hard, we will achieve a win-win situation.”

Contact:
Rotraut Wittkowski
+4915224939858



Source link

Previous Post

FY22 California Budget Invests in Agricultural Resilience

Next Post

Overdue reform or underhanded deal? Here’s what’s in Manchin’s permitting bill.

Next Post
Overdue reform or underhanded deal? Here’s what’s in Manchin’s permitting bill.

Overdue reform or underhanded deal? Here’s what’s in Manchin’s permitting bill.

Mining, Land Grabs, and More: When Decarbonization Conflicts With Human Rights

Mining, Land Grabs, and More: When Decarbonization Conflicts With Human Rights

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

EU comes up with its own Green Deal of $270 billion

EU comes up with its own Green Deal of $270 billion
by admin
February 6, 2023

US Faith Leader To Visit UK, Urging: Cut Carbon Not Forests

by admin
February 5, 2023

StandardAero expands West Coast bizav MRO capabilities, acquiring Western Jet Aviation

StandardAero expands West Coast bizav MRO capabilities, acquiring Western Jet Aviation
by admin
February 5, 2023

As Greenland’s Ice Melts, Glacial Sand Deposits May Offer a Welcome Economic Opportunity

As Greenland’s Ice Melts, Glacial Sand Deposits May Offer a Welcome Economic Opportunity
by admin
February 5, 2023

© 2022 Air News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Air Pollution
  • Causes of Air Pollution
  • Contact Us

Newsletter Sign Up.

No Result
View All Result
  • Home
  • News
  • Air Pollution
  • Causes of Air Pollution
  • Contact Us

© 2021 JNews – Premium WordPress news & magazine theme by Jegtheme.