China’s Renewables, Oil Consumption Fit Gulf States, Analysts Say
Tel Aviv, Israel — During China’s annual national legislature this month, Premier Li Qiang announced plans to construct more solar and wind farms as well as hydropower projects. China is already the world’s largest producer of renewable energy and also holds near-monopolies on the globe’s renewable energy manufacturing and supply chain. Last year alone China produced more solar panels than the U.S. has ever produced in total. China’s dominance in electric vehicle battery components and solar power panels has rattled Western governments, including those of the European Union and the United …