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China's Coal Past and Solar Present Are Colliding in Pakistan
Original: China’s Coal Past and Solar Present Are Colliding in Pakistan
China's energy strategy is pulling in two directions in Pakistan: Beijing spent years financing coal-fired power plants there as part of its Belt and Road investments, yet China is now the world's dominant solar exporter and is helping drive a rapid, largely unplanned boom in cheap Chinese solar panels across Pakistan. The result is tension between the installed coal fleet that needs to run to repay debts and a solar surge undermining demand for grid electricity.
Why now: Tensions between China-financed coal assets and Pakistan's rapid solar adoption are straining both countries' energy plans.
Evidence
- China’s Coal Past and Solar Present Are Colliding in Pakistan · Bloomberg.com
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