Mmastodon EnvironmentEnergy first seen 1 d ago, last 1 d ago, peak #12
Cheap Chinese solar threatens Pakistan's China-funded coal plants
Original: Adorable: China-made # solar risks sending China-funded coal projects bankrupt in # Pakistan . https://www. energyconnec
Chinese-made solar panels are undercutting coal power in Pakistan, putting China-financed coal projects there at risk of bankruptcy under the China-Pakistan Economic Corridor. The report says the rapid fall in solar costs is colliding with coal investments, leaving lenders and officials weighing stranded-asset losses as Pakistan shifts its power mix toward cheap imported panels.
Why now: The irony of Chinese solar undercutting Chinese-funded coal is drawing attention amid debate over energy transition risks in developing countries.
ChinaPakistanChina-Pakistan Economic Corridor
Evidence
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