The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: Haim R. Branisteanu	7/7/2022 4:25:50 AM
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Alessandro Blasi Special Advisor to the IEA Executive Director \| LinkedIn Top Voice 2021 Solar PV ??- There is probably NO other sector in the entire global economy with such level of concentration ?? The world is indebted to #China ???? for having being the main actor in bringing costs of solar pv down to the point that it has become the cheapest source of #electricity in most parts of the world ?? But the share of China in all the key manufacturing stages of solar panels today is over 80%, and is set to rise further to exceed 95% , for key elements including polysilicon and wafers, according to another major IEA report released today. At times when diversification and security have become keywords for most strategic areas, including #energy, it is evident that such level of dominance poses serious questions both in terms of national energy security, as well as in terms of security of clean energy transition. With #power systems becoming increasingly reliant on solar pv, concerns on supplies of components and their availability might also encourage second thoughts on energy strategies. There is also an important angle in terms of #economy and #jobs as exports of panels is already a multi-billion dollar #business with a growing contribution to China’s trade surplus The report available on IEA website provides many further insights, analysis and recommendations.

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