In case it was not commented on, another angle on China's grip on the world, re Energy (TLDR below, continued in comments).
(I work in the industrial and energy generation facilities sector).
This goes for the muh New-Silk-Road enthusiasts who apparently mistake treasonous corruption at the deepest levels in the west with eNtRePrEnEuRsHiP-aNd-EfFiCiEnT-cEnTrAl-PlAnNiNg in CHUY-NUH. #laptopfromhell
Fostering photovoltaic power plants
- In the last years, one by one PV modules manufacturers closed shop in Europe and practically everywhere else in the world, in favor of the cheap manufacturing in China.
- That was dumping on a global scale.
- Even Korean brands (e.g. Hanwha Q Cells) have their factories in China.
- Photovoltaic modules represent up to 35-40% of CAPEX in the construction of a PV plant.
- The typical design life of the PV plant is 25 years.
- Modules degrade and lose efficiency over time (way before those 25y).
- A major overhaul of a facility that is not giving the expected output against the financial model because of modules would mean replacement of, in terms of cost, roughly half of the plant.
- For the asset (PV plant) to be kept in operation, someone will have to keep purchasing modules from CHY-NUH.
- Think of this, and ignore for a moment the collateral damage to agriculture and farming: PV is in such a bubble right now that people are actually cutting off trees to rent their lands for PV developments.
- The contracts for the lease of the site (that many of the land owners didnt read or didnt understand), through Administration procedures/permits, often render the land useless in the future other than for the purpose intended in said contracts (energy generation facility).
- This is, as a land owner you either try and purchase the facility from the project developer at the end of the OPEX stage (useless because it is them holding the power purchase agreement), or end up with a huge junkyard.
What size are we talking about?
(I work in the industrial and energy generation facilities sector).
This goes for the muh New-Silk-Road enthusiasts who apparently mistake treasonous corruption at the deepest levels in the west with eNtRePrEnEuRsHiP-aNd-EfFiCiEnT-cEnTrAl-PlAnNiNg in CHUY-NUH. #laptopfromhell
Fostering photovoltaic power plants
- In the last years, one by one PV modules manufacturers closed shop in Europe and practically everywhere else in the world, in favor of the cheap manufacturing in China.
- That was dumping on a global scale.
- Even Korean brands (e.g. Hanwha Q Cells) have their factories in China.
- Photovoltaic modules represent up to 35-40% of CAPEX in the construction of a PV plant.
- The typical design life of the PV plant is 25 years.
- Modules degrade and lose efficiency over time (way before those 25y).
- A major overhaul of a facility that is not giving the expected output against the financial model because of modules would mean replacement of, in terms of cost, roughly half of the plant.
- For the asset (PV plant) to be kept in operation, someone will have to keep purchasing modules from CHY-NUH.
- Think of this, and ignore for a moment the collateral damage to agriculture and farming: PV is in such a bubble right now that people are actually cutting off trees to rent their lands for PV developments.
- The contracts for the lease of the site (that many of the land owners didnt read or didnt understand), through Administration procedures/permits, often render the land useless in the future other than for the purpose intended in said contracts (energy generation facility).
- This is, as a land owner you either try and purchase the facility from the project developer at the end of the OPEX stage (useless because it is them holding the power purchase agreement), or end up with a huge junkyard.
What size are we talking about?
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