By Jo Nova
The invisible shrinking solar industry
Quietly, the world manufacturing base for solar panels has been shrinking for nearly two years and yet hardly anyone knows. Especially not the Prime Minister of Australia who set up the the $1 billion Solar Sunshot a year ago to artificially create an Australian solar panel manufacturing industry, twenty years too late, and with the worst possible timing.
China has already captured the solar market and killed it.
Glut’s have consequences
The CCP is making twice as many solar panels as the world wants to buy. The latest trend is from bad to worse.
Let’s remember this story, the next time the propaganda media try to tell us solar panels are setting new records. Isn’t this the sort of thing our investigative sleuths at the ABC-BBC-CBC should have been digging out before elections were held? Doesn’t this change everything?
Australia is supposed to be going gangbusters “leading the world” and installing 44,000 panels a day, but no one else in the world is doing that.
China’s solar giants quietly shed a third of their workforces last year
Reuters
Over 40 solar firms have delisted, gone bankrupt or been sold […]
via JoNova
August 4, 2025 at 02:45PM
