Featured in Outlook Obscured – 03-2025

Nearshoring: further away than ever

After decades of strategic investment, China is the undisputed leader of cleantech manufacturing and dominates supply chains. Western economies are struggling to develop domestic manufacturing to boost their economies and secure supply. While the benefits of that are clear, a more expensive energy transition is inevitable.
By
pv magazine

 China’s clean technology achievements are undeniable. It took more than a decade to build the manufacturing scale, supply chains, and technological expertise to dominate the renewables and battery industries. Since 2015, China has invested more than $300 billion into 1 TW of annual solar cell production capacity, 600 GW of wind turbine capacity, and 2.5 …

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