Chinese solar panel boom threatens Pakistan’s debt-ridden grid | Industry rushes to switch to clean energy as cost of state power network becomes crippling - eviltoast

basically:

Pakistan, with Chinese financing, solved a problem of frequent rotating blackouts by building coal-fired power plants. Those are more expensive than solar, so people are installing small-scale solar right and left…which means that the coal-fired power plants aren’t financially viable.

This post uses a gift link which may have a capped view count. You can use an archived copy if that runs out.

  • Sop@lemmy.blahaj.zone
    link
    fedilink
    arrow-up
    3
    ·
    2 months ago

    If you read the article it describes how this phenomenon is really bad for the Pakistani government who are in debt and the working class who can’t invest in solar panels and thus end up having to pay way more for their already expensive energy to compensate for companies who are no longer using it.