How the Iran war set Beijing up for global clean energy dominance – POLITICO
Thailand imports solar panels from China but also Sweden and elsewhere, he said. Ultimately, Nitithanprapas said Thailand wants to create domestic production using foreign direct investment so it doesn’t have to rely on any particular country. That’s a common view in much of Southeast Asia, where the creation of local solar manufacturing and EV plants won’t happen overnight. “In the short term, most countries don’t have a viable alternative to Chinese clean-tech supply chains,” said Vicky Janita, an analyst at Rystad Energy. Even if they were to buy more supplies from countries like India, which has grown its solar panel manufacturing capacity, those producers still rely heavily on China for wafers and other parts of the supply chain, she said. That doesn’t mean they aren’t also trying different strategies to reduce that dependence and build their economies. Many countries in Southeast Asia have welcomed Chinese investment in domestic production, through both carrots, such as tax breaks, or sticks, such as Indonesia’s export ban on raw nickel. Similarly, Brazil is imposing tariffs on EVs, forcing Chinese …
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