Chinese Firms to Dominate the Green Energy Markets of the 21st Century

Sen. Joe Manchin of West Virginia and the Big Carbon corporations that fund him are weakening America’s economy and infrastructure in the face of China.

China’s President Xi Jinping has just announced, Bloomberg reports, the world’s largest wind-and-solar farm. This gargantuan facility will generate 400 gigawatts when it is finished, and 200 gigawatts of capacity will be built by 2025.

You know how much solar capacity the United States now has? 100 gigawatts. And how much wind? 125 gigawatts. So by 2025, if China’s plans are realized, just this one facility in the western desert will match the entire wind-and-solar capacity of the U.S. as it now stands. And then by a few years later it will double it. One facility.

Not only that, but researchers from Harvard, Tsinghua University in Beijing, Nankai University in Tianjin and Renmin University of China in Beijing have found that China is on the cusp of a tipping point. By 2025, unsubsidized solar power with battery storage everywhere in China will be cheaper than coal. Indeed, solar plus battery is already cheaper than coal in 3/4s of the country. Especially given drops in the cost of battery storage, the paper concludes that China can get 43% of its total power from solar at less than 2.5 cents a kilowatt hour by 2060, making the Communist Party’s current plans for decarbonization by then plausible. Coal is usually figured at 5 cents a kilowatt hour, and solar plus battery is already less than that.

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