Western leaders have raised alarms about China's clean energy production capacity, but a fresh perspective from U.S. cleantech platform CleanTechnica is turning the narrative on its head. 'Overcapacity' might just be the world's untapped solution, argues commentator Remeredzai Joseph Kuhudzai.
While EU Commission President Ursula von der Leyen recently claimed 'the world cannot absorb China's surplus production,' Kuhudzai highlights a stark reality: Over 700 million people globally lack reliable electricity access, while 1 billion struggle with inadequate transport systems.
'What Europe sees as excess could power the green transition in emerging markets,' Kuhudzai writes, pointing to opportunities in Asia, Africa, and Latin America. China's solar panel production alone reached 500 GW in 2023 – enough to cover Germany's annual electricity needs 7 times over!
With EV adoption rates below 5% in most developing nations, redirected Chinese new energy vehicle exports could accelerate climate goals while addressing mobility gaps. The commentary suggests this 'supply chain reshuffle' might create a win-win for global decarbonization efforts.
'Overcapacity' might just be the world's untapped solution, argues commentator Remeredzai Joseph Kuhudzai.
