AS Published on Monday 21 November 2022 - n° 425 - Categories:PV Watch
A look at the cost of building a battery or panel industry in the US or Europe
Gradually, China has become dominant in photovoltaics and batteries, two products of the future, to the point where it now holds 70% to 90% of world production. The realisation of this domination came with the pandemic, which disrupted production, road and sea transport. The cut-off of Russian gas supplies showed the danger of depending on an overly dominant supplier. Europe has not yet developed a comprehensive response to this domination. The United States has done so. But the task is immense because it is necessary to practically reconstitute a complete economy with factories, but also to have the know-how, and to produce objects that are competitive in terms of quality and price. The challenge is huge.
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