Wake up, Donald et al.! According to the Guardian of 6 January 2017,
China now owned:
- Five of the world’s six largest solar-module manufacturing firms
- The largest wind-turbine manufacturer
- The world’s largest lithium ion manufacturer
- The world’s largest electricity utility
“At the moment China is leaving everyone behind and has a real first-mover and scale advantage, which will be exacerbated if countries such as the US, UK and Australia continue to apply the brakes to clean energy,” he said.
“The US is already slipping well behind China in the race to secure a larger share of the booming clean energy market. With the incoming administration talking up coal and gas, prospective domestic policy changes don’t bode well,” Buckley said.