Please be civil in the comments. Would your mother approve of that nasty comment you're writing? For other videos on tech industry analyses, check out the asianometry playlist of global semiconductor issues: kzread.info/head/PLKtxx9TnH76QEYXdJx6KyycNGHePJQwWW

@AndrewMellor-darkphoton

3 жыл бұрын

hi

@sdprz7893

3 жыл бұрын

Are you British or American? Your English is very fluent

@ElJosher

3 жыл бұрын

​@@sdprz7893 His english is American english, so definitely American.

@TSRHelios

3 жыл бұрын

you had many euphemism against the Chinese manufacturer as well, but in civilized manner. Business is business. If they want to blame of Chinese gov subsidy, they can subsidy their own industry as well. Every government gives subsidy in many different forms, including feed-in-tariff.

@leanderbarreto6523

3 жыл бұрын

I'd have to ask her she's her own person

An important event that helped Chinese companies was the spike in silicon prices a little over 10 years ago. Japanese and western companies invested billions into thin film solar cells (which use less silicon), while China kept using the "old" and more expensive technology. When silicon suppliers increased their production, silicon prices suddenly dropped making Chinese solar panels a lot cheaper. Japanese manufacturers wasted precious resources into a technology that wasn't needed anymore and couldn't afford investing more into expanding production capacity. The rest is history.

@georgedang449

2 жыл бұрын

You really have to question the wisdom of these companies splurging on research not on developing a better and cheaper panel, but to save silicon. Silicon is just sand. The bottleneck on sand products is entirely an artificially created one that won't last forever.

@Jin88866

2 жыл бұрын

@@georgedang449 Keep in mind that major silicon suppliers were just 3 companies (2 of which Japanese) at the time (it was a very small market mostly for microchips), so it probably made sense, seeing the high price silicon was fetching back then. Chinese solar companies were probably aware that massive new silicon supply was being scaled up in China and that the bottleneck was only temporary.

@mira-rara

2 жыл бұрын

@@georgedang449 they may had went the wrong way but the knowledge they learnt from the research is never useless. It's simply not as useful for now, but it will serve as a step for human to move forward in the future.

@georgedang449

2 жыл бұрын

@@mira-rara Perhaps another time, on another planet, where sand is rare. But I doubt these companies will be around by then. The Japanese solar industry as a whole is already 6 feet under for contributing useless sand saving methods to humanity's collective knowledge.

@mira-rara

2 жыл бұрын

@@georgedang449 The method to create those can be referenced in other thin film technology, which we used alot in our daily life. Technology in PV isn't limited to PV only, the science knowledge we obtained can be applied in other ways. Not to mention it's not always optimal to use alot of silicon, in some application it may not be possible to use a thick PV.

You have not mentioned the most important point: China has a Hugh domestic market. China has installed the most amount of panels in the world. It supported those Chinese companies even without export.

@gregor-samsa

2 жыл бұрын

19:15 they do mention this point.

@HungNguyen-qj3vu

2 жыл бұрын

Plus silica is so cheap that there should be no reason for it to be expensive. China charge for materials and labor while rest of the world over charged. The technology is simple and anyone can do it. They just have the best price. They supply the world

@depth386

2 жыл бұрын

I think you’re glossing over the fact the world trade phase of this was in the 90’s and back then no one in China, India, or any other “developing” nation was even thinking of buying a solar panel. So at that time the export was all there was and it was critical.

@paulbryan6716

2 жыл бұрын

Who is "Hugh"?

@anthonymarquez2542

2 жыл бұрын

@@paulbryan6716 Huge* but yeah hugh sounds interesting

The research for the Chinese panels was done at the University of New South Waḻes Australia and on the team was a Chinese student who approached the Australian government for $10 Million to start manufacturing and was knocked back. He approached the Chinese government and was given $100 Million.. Hence Australia AGAIN lost the chance to be a player in this industry. Australia incidentally has the highest ratio of people using solar panels on the planet.

I did not even expect that German industry would produce solar cells in the long term. But I'm quite happy that Germany helped to create a market, motivating Chinese companies to scale up production. The amount of subsidy seemed a little crazy at the time, and now I'm proud we did it, as it was more useful than I expected.

@TheHighborn

2 жыл бұрын

i mean.. german wages > chinese wages. Also another commenter mentioned tech viability. So it was a double whammy

@cherubin7th

Жыл бұрын

By now, Germany only exists to sell out to China anyway.

@muellerhans

Жыл бұрын

@@TheHighborn The most important factor that germany lost were political decisions. Less subsidies and hinderances. E.g. solar grew very fast, way faster than expectations, and became dangerous to the coal industry. Thus politics put a cap of a few gigatons per year in place and if that cap was exceeded the following years less solar would be build. Politics like this destroyed the german solar industry, not expensive labor or tech viability. Even today Germany is suffering from stupid decisions that hindered faster adoption of renewables. I think the most stupid thing I saw so far was the 10H rule (look it up)... Well, now people are paying on average 10 Cent per kWh more than last year and Germany was already one of the most expensive countries when it came to energy... For some reason 25% of people would still vote for the party that governed for 16 years and was at fault for this disaster but well, at least we finally got a government change last election.

@sotch2271

Жыл бұрын

Yeah, you financed chinese jobs What a thing to be proud

@vsiegel

Жыл бұрын

@@sotch2271 What is wrong with that?

China has Cultivated a large number of engineers, not lawyers, that's important

@urbielatenightgamingadvent567

2 жыл бұрын

don't forget MBA executives

@q3813

2 жыл бұрын

Blood sucking lawyers are useless.

@northguard157

2 жыл бұрын

@@q3813 but you need them anyway and pay a lot

@northguard157

2 жыл бұрын

@@q3813 they produce nothing but arguement

@albertwu459

2 жыл бұрын

So true! Not a country govern by rule of law, why bother becoming a lawyer?

One thing you neglect to discuss was the crash and consolidation of the China solar indistry. We always hear about how this or that EU or US solar company crashed (usually blamed on China), but seldom about the blood-letting in China. Suggested topic!

@paxundpeace9970

Жыл бұрын

The issue for Germany was the lack of subsidies to support such crucial industrie. 30,000 jobs were lost in Germany alone.

@jerry9548

Жыл бұрын

30k sounds like not enough. The German ministry for Energy listed 150k jobs in the solar industry in 2013 but only 50k in 2021. The decline was wayyy steeper

@thetj8243

Жыл бұрын

​@@paxundpeace9970 it wasn't the lack of subsidies but the abrupt cut of those. if the subsidies would have been phased out over some years the companies could have adopted, but 🤷 many things point at more or less influences by big German energy conglomerates that at this point still mostly produced by burning fossil fuels.

@vc4510

Жыл бұрын

Then it would go down to the political system. The Chinese systems are always based on efficiency Just one example, China has only one time zone. Think about it how efficient it with be compare with 5 time zones that US has. If that is not troublesome. Add day-light saving time... think about it!

Another huge factor has to do with solar grade silicon manufacturing. With the price going from $35/kg to over $300, as you mentioned in passing, how that came back down to a reasonable price is important. This huge factor of 10 price signal in a high production material science area would create a massive expansion in the capacity as fast as it could be built. However, in Europe, the US, and Japan/Korea these facilities require permissions from hundreds of agencies, environmental impact reports, etc., and even considering a "greenfield" massive expansion for a billion-dollar class facility takes decades to obtain all the approvals. These are massive manufacturing facilities and a bit of a cross between iron production and chemical plants with hazardous materials and just huge scale. The producers in the US, Europe, and outside China could only really expand existing facilities and couldn't get permissions for new facilities on a reasonable time scale in an expanding market. My understanding was that China build a 1.5 billion dollar facility in less than 1.5 years (about right without permission and regulatory issues) and paid for that facility in the first 6 mo of production profits. When supply caught up with demand, the question would be who got the silicon at a reasonable price first and it wouldn't be Germany or US with all their silicon expansion plans still working on environmental impact reports and hiring lobbyists. Too little, too late.

@elbuggo

Жыл бұрын

The Environmen is our Holly Cow!

@Validole

Жыл бұрын

One should note however, that this focus on environmental paperwork is probably the reason Europeans don't have to wear masks against pollution when outdoors (excluding the recent few years' issues, of course)

@dennyli9339

Жыл бұрын

China solar is produced in Xinjiang... with abundant cheap coal.....

@Suburp212

Жыл бұрын

Yep. Western states are good in managing to kill themselves with laws and regulations.

@2MinuteHockey

5 ай бұрын

and slave labor funny how no one is protesting a decade long genocide of the Uyghurs @@dennyli9339

Civil comment: I still wish solar were much cheaper.....doesn’t make financial sense for my house and power costs.

@lolpolitics3363

3 жыл бұрын

In some part of China, it was reported that in July 2020, the solar energy price can be as low as 0.016 USD/kWh and on average about 0.062USD/kWh. The cost had reduced by 80% since 2012, according to a Chinese report. I guess that is why the Chinese leader dared to declare to reach carbon neutralization by 2060, despite a huge manufacturing industry usage of energy.

@lne176

3 жыл бұрын

@@lolpolitics3363 As was pointed out in this presentation, solar panels are not the highest cost item - that would go to the inverter, plus installation.

@lolpolitics3363

3 жыл бұрын

@@lne176 Yes. I was talking about the total cost of one kWh of energy generated in a solar farm including all installation and maintenance.

@darkfuji196

3 жыл бұрын

I'm surprised it doesn't make sense for you, over here in Australia it's a pretty great deal.

@lolpolitics3363

3 жыл бұрын

@@lne176 kzread.info/dash/bejne/pYmqw7uyk9K9oaw.html

The main advantage of China is that they don't have oil lobby

@KayyHong

3 жыл бұрын

Among other lobbies!

@thor_4017

2 жыл бұрын

Norway's oil fund invested huge amount of money in chinese solar panels technology, same with apple, Tesla, google and many other tech companies. One day the oil industry will be mostly gone, but capital created by the oil industry will still make money. They buy shopping centers in other countries. I think they own a business street in London.

One of the reasons the subsidies were cut is the following: paying people for putting solar cells on their roofs benefits exactly one type of people: those who own a property AND are already well off. Even though subsidised during energy production, there is a lot of upfront cost which poorer households can't affort. Never mind those which don't even own a property themselves or are in an apartment building. So essentially it was just an amazing investment vehicle for those with money to burn. That didn't sit well with a lot of the population in Germany.

@pfizerpricehike9747

Жыл бұрын

It goes much further Those with enough starting capital at that time and a house to put solar on where given contracts for decades granting them more €/W put into the grid then the average price of energy. It doesn’t take a rich person more than 2 seconds to understand that you can hook up your neighbors power line to yours, putting in their energy pull as your output as “solar energy” , thereby generating “free” money, which was then split between rich guy and neighbor. This still goes on to this date, also the ones that bought solar cells back then bought the cheapest Chinese ones with low efficiency and lower lifespan , so they didn’t even generate at least some energy to make up for their constant burning of resources. Guess who pays for the net profit generated by selling the same energy back to the system for more money? The tax payers that were already to broke to get solar back then in the first place. Thanks Green Party , they had one job and killed German solar thereby forcing exclusive production under much worse conditions for the climate.

I love the hypocrisy about 'fair trade'. There is no way a country can advance technologically without government assistance particularly in R&D investments. Sanctions in the name of fairness is widely used. It is a geopolitical tool. Anyway, more than 10 years ago, I would not have gone into solar installation for my home due to high price and a long time to get your returns; but with the current increased performance, cheaper prices and government subsidies, most home now have solar panels.

I did a Ph.D. in low-cost solar silicon manufacturing and also have a startup from my Ph.D. It is true that the solar module supply chain is extremely competitive and China is definitely leading the way. Thank you for the informational video

@fusion9619

3 жыл бұрын

How do you have a startup from your PhD? I wasn't planning on doing a PhD, but if that's a way to break into business... I can't figure this out and I have no mentor.

@gangleweed

2 жыл бұрын

@@fusion9619 Just do it....you studied to get the knowledge and expertise now put it to use..............just thinking about doing it is a recipe for a non event coming to YOUR neighborhood very soon.

@universalexplorer4023

2 жыл бұрын

Please share your thoughts on your PHD & Startup 🙏🙏👍👍

@vsiegel

2 жыл бұрын

@@universalexplorer4023 A PhD is very unspecific, in terms of topic and what the company does. But when you got a PhD done, chances are higher that you get the work for the company done. Which is a lot. There is not much relation between PhD in general and starting a business. What he says is that his specific PhD had a result that was useful to start his specific company.

@nvelsen1975

Жыл бұрын

@@fusion9619 The way to do it is pretty simple really. You spend a few years living off savings or investments as you advertise yourself and undercut the competition to get a few landmark jobs, which you then use in networking and advertising. I used the cash from a 4 year military contract (cushy job as a support lieutenant, foreign deployments for cash) to basically live off while also spending weekends excersizing as a reservist to sustain myself. Being an entrepreneur gets a lot easier if you don't need a salary for over a year. What you need to work out though is what you do, and what you don't. My biggest mistake was adapting to suit people's needs, so we ended up claiming to be specialised in everything. We work property development, and since we advertised that we don't design, we don't build, we coordinate building and we don't work for governments, things have been much simpler since everybody knows what we do. As opposed to a confusing "But we also do that, and also that and also that, and that"

Great video, lots of well researched information delivered concisely with no bullshit

Sounds very similar to how they developed high speed trains.

@fusion9619

3 жыл бұрын

They didn't develop them at all. There are still German engineers all over China building them.

@erictoo1035

3 жыл бұрын

@@fusion9619 Hey man, are we living in the same year of 2021? you need to update your knowledge

@fusion9619

3 жыл бұрын

@@erictoo1035 I was literally just in China

@kaitoshinichi

3 жыл бұрын

@@erictoo1035 you know all China did with those trains is get foreign parts and rebrand them. They didn't develop anything at all. They just put parts together which all mechanical parts are foreign made

@gebys4559

3 жыл бұрын

@@kaitoshinichi guess they're following the same path as USA and Japan, once they start creating new unique technologies rather than relaying on value added from cheap labour only then will they start giving a rat's ass about conforming to IP regulations.

The german manufacturing equipment supplier you are talking about is „Meyer Burger“. They shifted their strategy last year and stopped selling their next gen solar manufacturing equipment. They use it themselves to produce high efficiency panels in Germany starting in June 2021.

@LannisterFromDaRock

3 жыл бұрын

I'm not really sure if that is the wisest idea. Especially if they don't move the production to cheaper countries, or do some VERY good innovation in this field. We will see I guess. I would rather buy German than Chinese that's for sure. :)

@jon8864

3 жыл бұрын

@@LannisterFromDaRock I don't understand how Germany manufactures anything at all with high labour costs, but they do, so maybe solar will be the same. Long warranty will help compete against cheaper products.

@user-mhgu6om9mj2t

3 жыл бұрын

@@LannisterFromDaRock I would prefer a Chinese made product than an overpriced German products for the same quality.

@yihtorng

3 жыл бұрын

i think it's too late now

@LannisterFromDaRock

3 жыл бұрын

@@jon8864 As far as I know, the panels are planned to work for 25 years. Even the Chinese ones. You don't need a longer time than that because innovation in the field will render everything useless in that timeframe. Also, the panels have no moving parts, so I can imagine that fault rates are already pretty low. I wish the best for the Germans on this, but manufacturing commodity items with good margins is very tricky.

Your channel is gold! Not sure what I'll use all the information for yet, but it's surely interesting to know. Great research.

I wouldn’t say they’ve won it just yet. Still plenty of room for improvement. However, I’m glad to see the Chinese have contributed a lot in advancing solar technology.

@julesverneinoz

2 жыл бұрын

Adoption alternative energy that generates less greenhouse emissions by any country is a win for everyone on Earth, not just one country or another. The air doesn't really know boundaries between countries exists. So yes, thanks for the contribution. Recent paper was published about air pollution increases risk of dementia so China stopping coal use is best for everyone.

@AdmiralBison

Жыл бұрын

In the meantime, the United States is dragging its feet on green energy...because our politicians run on fossil fuel💰💰💸

_"Great videos have less views and bad graphics."_ I agree. I have watched your videos. All are of great knowledge and in depth research. Thanks.

Nice one. Expanded my knowledge, tnx.

Thank you for the extended video!

Detailed study. Professional presentation

I work in the Solar Industry in Calif. U.S.A. and I have more than one of the solar panels you talked about ay my house, Great Video Thanks

Very nice video .it isn’t easy to collect so much information from a different language.thank you.it seems technology industry is something more complex than technology itself .

Incredibly deep research went into this video on this so knowledgeable channel!

It's understandable to put up tariffs to protect domestic production, but it's sad considering how fossil fuels are subsidized here in the US. It would have been nice for the west to have subsidized domestic solar instead... At least the tariffs are set to expire soon

@terryl858

3 жыл бұрын

I think s trump save d. The coal job s. Giving million s of solar job s to China soft power goes along with it 4years is. This ever raised on radio program ect ect ect

@braddl9442

2 жыл бұрын

GREEN was subsidized in the USA, remember solyndra. Most of them turned out to be scams like that.

@freefood89

2 жыл бұрын

@@braddl9442 what kind of scam was it?

@braddl9442

2 жыл бұрын

@@freefood89 SOLAR, but it was just a scam to get gov money and they didnt produce anything.

@wyw201

2 жыл бұрын

US does subsidize renewables, a lot of subsidies in fact. The issue isn’t just inadequate renewables energy generation, but inadequate infrastructure in transmission, transportation and storage as well. Also for whatever reason, Americans denounce nuclear and geothermal.

can we appreciate that a deer made this channel

@archsword5294

3 жыл бұрын

🤣 😂

@bobbyus

3 жыл бұрын

😅

@Gartendalf

3 жыл бұрын

Best comment so far.

@gjwang4385

3 жыл бұрын

hahaha ur comment makes my day

@himanshusingh5214

2 жыл бұрын

Some deer are very intelligent. I have seen their videos on KZread.

Wow, thats a lot of views fast! Good job asianometry! You're always great but its nice to see that validated.

Excellent factual discussions and helpful analysis ! Thanks. Regards.

A good documentary, thanks for your efforts. But on 19:22 the narrator said: "And the (Chinese) government has been responding a little bit, growing their installed solar capacity across the country." Actually China installed 49,655 MW new solar PV capacity in 2020 (254,355 MW in total), which is 37% of worldwide capacity (35.6% in total), and more than EU, America and Japan combined. I'd not say that's "a little bit".

@anfrex3342

2 жыл бұрын

The guy is anti-China, he will hardly give the credit in the right way to that country to the point of useing any word or detail to minimize any of China's achievements.

@robertburke1486

2 жыл бұрын

All of the recent videos showing Zero Covid lockdown scenes in Shanghai (testing fish, spraying empty streets, drones flying around telling people to "control your soul's desire for freedom) have destroyed everybody's belief that the Chinese have the intelligence to compete with the world in scientific progress.

@vegasu9418

Жыл бұрын

@@anfrex3342 china's best achievements are those that they have stolen from others, so nothing to congratulate

@anfrex3342

Жыл бұрын

@@vegasu9418 Repeat that until you begin to believe it.

@Felix-uw8nv

Жыл бұрын

He is talking about 2012, not today

There are always winners and losers in business. The cheaper solar becomes, the more PVs installer, the better for all of us, regardless of who is better at manufacturing and selling them.

@user-mg4ij4dl2o

2 жыл бұрын

if USA is winning this, no one will even make a video about it. you know what I mean, right?

@kashay4415

2 жыл бұрын

@@user-mg4ij4dl2o The US is not winning at anything except printing money. US industrial production is a shadow of it's former self.

@TulipQ

2 жыл бұрын

@@user-mg4ij4dl2o The issue the USA has is that its capital owners don't care about their nation at all, and the national government refuses to change this.

@mariusvanc

2 жыл бұрын

@@TulipQ Capital owners don't like going bankrupt, so they put their capital where it gives them competitive returns.

@robertburke1486

2 жыл бұрын

@@kashay4415 Do you think China has a future in manufacturing? The world has seen the low level of intelligence in China, after seeing videos of hasmat-suited idiots spraying empty streets, testing fish for Covid, wrapping prisoners in duct tape and taking them away.

Very good summary. Thank you.

Great, thanks. Not too long, you covered a lot.

Germany lost because of stupid politicians who made energy expensive without any discrimination of the purpose

@michelbruns

3 жыл бұрын

Around 30% of our electricity price is.. just there to be there and make it more expensive..

@oceanwave4502

3 жыл бұрын

If living in Germany, you will see that so-called german efficiency is a hoax. I don't say germans are bad and low-skilled. It's just that this efficiency is overrated. Case in point: Berlin Airport. Another case in point: manually typing Covid cases between government agencies, with fax machine. Another case: Tesla complained about german bureaucracy.

@ristekostadinov2820

3 жыл бұрын

@@oceanwave4502 lol do you know that in Netherlands to be vaccinated you have to receive letter, in many developing countries you have online form that you fill and your doctor will call you when to go or you will receive mail.

@schubi128

3 жыл бұрын

@@oceanwave4502 That a prick like Elon Musk complains if it does not work like he wants is not new. He turned into a Karen (not recently but more obviously recently) 😂 But you are right, the efficiency might be overrated, but it's because everything has to be well thought and perfect and under these premises it can't be that efficient. Sometimes it would be better to improvise and sometimes the perfection is absolutely right... For example: Wooden rails from the hardware store in a 50000 $ Tesla ?!?

@fusion9619

3 жыл бұрын

@@schubi128 yeah. It's sad.

I remembered the compromise was reached for the anti-dumping for solar panels because China threatened to retaliate by blocking European companies to participate in China’s 4G rollout. That would kill both Ericsson and Nokia.

@TheBooban

3 жыл бұрын

Haha, China does that all the time. Here, we give you 1% of our market. Westerner CEO drool while China takes the global market completely.

@ecpgieicg

3 жыл бұрын

@@TheBooban It's not 1%. Those two regularly get 1/3 or 2/3 of the bid for telecom equipment in China -- mind you, Chinese telecom companies are all state-owned.

@TheBooban

3 жыл бұрын

@@ecpgieicg Foreign companies have built 2/3 of China's telecommunications market?

@ecpgieicg

3 жыл бұрын

@@TheBooban First, typo, 1/4 or 1/3. The articles you can search for them and see for yourself. And no to your question. **Your notion of "build" is deeply flawed.** I specifically said bid for telecom equipment. For example, selling a switch is not deploying a switch, is not integrating it into a grid, is not maintaining a grid.

@TheBooban

3 жыл бұрын

@@ecpgieicg so you mean they just sell stuff? Where is this stuff produced?

Thanks! Enjoyed watching your informative video.

What I can relate is that when regulations in Brazil allowed grid-tie installations for everyone it boomed a entire new market. Most of our country is excellent for solar production, and if the government were more competent they would subdise that so many would have a better and greener power plant.

Good point：We lost the solar market. But the low price could help whole world to use solar energy.

A couple points. Raw materials going into making the pure polysilicon comes from China from my understanding and for what doesn't come from there, most the rest comes from Russia. Once China got good at producing the material needed for the panels, it was THEIR efforts that caused the prices to drop so much because they didn't charge those huge profit margins. So frankly it was Chinese companies that allowed solar to be so affordable like it is now. Western businesses were too busy making insane profit margins. As was pointed out, Chinese companies improved the equipment involved in the manufacturing process which also allowed costs to come down, so pretty much everything about how good the panels are now along with the low cost, if you're outside the US and don't have to pay a stupid ass 25% tariff thanks to Trump and Biden which has slowed the growth of solar installs, is brought to you by Chinese R&D What allowed the Chinese solar industry to do well during the Great Recession is the govt did a lot of investing in bringing solar energy to different parts of China. In fact the Chinese govt. has done more investing into green energy like wind and solar than any other govt. in the world. Some may say this is unfair, but I don't see how a country investing in its own infrastructure is unfair. It's smart. Solyndra had a TOTALLY different business model. Because of the cost of polysilicon continually going up as the companies involved in its production kept pushing prices higher, Solyndra was using other materials to produce solar panels. They would have been successful if the Chinese companies didn't get involved. The cost for that material, polysilicon dropped by 90% within about a 1 - 2 year time frame. So because Chinese companies came in and helped to greatly reduce the cost of this raw material needed for the panels, the panels Solyndra were making which DIDN'T use polysilicon couldn't compete. So bravo to the many Chinese efforts in solar technology along with cost controls in the supply chain. It was THEIR efforts that have allowed the huge growth in solar energy, and nothing western companies were doing, which were mostly focused on maximizing their profit margins and trying to get every last bit of incentive dollars coming from the different govts. Their demise was them not trying to compete but instead always focusing on high profit margins. The main thing the Chinese govt. did was put money into R&D, which is the same thing western govts. do, along with ensuring there was large growth in solar energy in China to help their industries, and this isn't unfair either. Their govt. has no rules about the govt. being independent of business. To me, I think Western govts. need to rethink their separation between business and govt, the US ESPECIALLY because they've cut so much money from R&D that it's harder to compete against most Asian businesses where their govts. will put money where they see it's best used. Now, what China does from time to time is out of line with the tenets of the WTO so personally I don't feel China belongs in the WTO, but that's another topic.

@songliqiangcn

Жыл бұрын

You are the smart guy and agree with you totally.

@lzeng78

Жыл бұрын

Damn, that is amazing. You know so much about this! Mad prop

Your video mostly spotlight the story before 2015. All the companies you mentioned never back to the top. Companies like Longi now lead the industry.

@ciditan1615

3 жыл бұрын

You tells the truth. never mind, few can see your comment.

Wow, thanks for the video

Anyway, the reason is that Chinese government really wants cheaper solar cost. Just have a look at the stats from 2013 to 2018, they have real demand for solar energy.

@nickl5658

2 жыл бұрын

Cause Chinese people were literary dying from air pollution. The chinese worker productivity was being affected. Something had to be done. Coal plants and ICE cars had to go.

China is winning because their local demand is huge , and also the government involvement and support is huge.

@jxmai7687

3 жыл бұрын

also their share investment is went through the roof when it was peak.

@fusion9619

3 жыл бұрын

I don't recall seeing any solar panels on roofs in the eastern part of China. Maybe they're hidden somewhere?

@lucasveldman284

3 жыл бұрын

And forced labor

@tediberusa2098

3 жыл бұрын

@@lucasveldman284 with 2 billion peopl in china ...... it's not forced labor it's just simply way way way cheaper labor

@taocook6526

3 жыл бұрын

@@lucasveldman284 I guess you mean Uygurs. They are mostly less educated and less willing to word hard. It's less likely to force those Muslims working hard to beat Germans.

Thank you so much for this candid honest analysis.

Thanks for the information.

Even a few years ago, investors would shy away from the solar industry in China, for the competition is just too fierce and each company, even the largest one run risk of bankruptcy everyday. China started at the middle of the chain, which is more labor intensive, and wt low barrier to entry. Yet they need to buy machines and raw materials that were expensive, but sell at low prices as a result of competition. So many companies failed, I remember I once visited a solar co. for due diligence, as they aimed to IPO, didn’t succeeded, and the company went bankrupt 2 years ago.

@baronvonlimbourgh1716

Жыл бұрын

It is just the way commodity markets work. That is why you can have massive 500 euro tv's nowdays and mobile phones cost a couple of bucks. Someone has to pay for those low prices.

Your​ research​ on​ many​ topic​s​ is​ out​stand​ing​

Great video. Question, why is the solar inverter the most valuable part of this industry? Note to self, the highest profit margins are generated from the firms providing the silicon (start of process) and installation (end of process), not manufacturing (middle of the process)

@baronvonlimbourgh1716

2 жыл бұрын

That goes for almost every industry.

@dt3434

Жыл бұрын

I think he meant of the ancillary items, just the way it was worded.

Great content 😊

Great work as per usual!!

@sdprz7893

3 жыл бұрын

That’s a nice flag you got there, Inshallah mankind will unite one day

When I was younger, the Solar industry was seen as the future technology that would help pull post-industrial cities out of their misery by providing new manufacturing jobs. Sad to see how that went.

@TheBooban

3 жыл бұрын

Exactly. The globalists said we would transform with industries of the future.

@xuhuadaniel3810

2 жыл бұрын

You should not be sad but be happy to see the green future comes much easier and earlier because of China. A single city workers’ lost is way to small comparing the the gain of the whole human race.

@MTobias

2 жыл бұрын

@@xuhuadaniel3810 Yes, that is a rational standpoint from the Chinese perspective. After all, it's China's whole business strategy to produce goods cheaper than in other countries, which means that you get the benefits of both the jobs and the money from exporting the products, leaving the other countries as cash cows full of unemployed people. However, Chinese PVs aren't much cheaper than western ones, the advantage is quite narrow. Meanwhile, Chines PVs are produced at much lower environmental standarts than western ones, leading to them having a much higher carbon footprint. From that perspective it certainly wasn't to the benefit to the whole planet.

@nickl5658

2 жыл бұрын

Big oil said no and fought back. Only a government that is not controlled by billionaires and big business can say... lets enter the future even if it means discarding the billion dollar business of today. This is why China can do this.

@keyboardt8276

Жыл бұрын

@@MTobias source for that?

Wonderful video.

Awesome video

Very nicely made, thank you 👍

BP used to have a solar panel plant in Sydney Australia in the 1990s. I have 20 of these panels still up on the roof and after 25 years they still operate at about 75% rated capacity. The plant closed in the early 2000s and the equipment sent to China.

@KGopidas

2 жыл бұрын

Impressive way ahead of time

@raylee5030

2 жыл бұрын

The equipment weren't gifted to China. Likewise, they came to US, bought some old steel mill equipment, modified and upgraded, then produced competitive products. The US mills were glad to sell those machines, otherwise they would have rusted and junked. I can still show you rusted equipment in my state.

@graemekeeley4497

Жыл бұрын

Yep!. BP once made solar panels and did so for quite some years. BP announced in 2011 it was getting out of the solar module market, due to increasing competition and thinning margins. Owners like you still with BP Panels report even on the coldest winter day their BP solar panels are still producing

pretty accurate and thorough.

Love your videos

In fact, polysilicon in the photovoltaic industry has lagged behind, now the high-efficiency solar panels are used monocrystalline silicon, and monocrystalline silicon purification slices have reached the level of production of semiconductors, China has completed the upgrade of the entire industry chain in this regard, and the West in the field of semiconductors formed the same advantage, the later will always have a cost advantage, and the advantage will be greater and greater with time. At the time of the video China's solar panel power generation cost was 1yuan/kW-h, but by today 2022, his cost has fallen to close to the feed-in tariff of traditional thermal power plants 3mao(1yuan=10mao)/kW-h, which means that the cost of solar power generation has begun to be lower than traditional energy, the market will spontaneously promote the transformation of traditional energy to new energy, the Chinese government from 2021 to The Chinese government will start to phase out subsidies for the PV industry from 2021 to 2025, allowing it to accept full market competition.

hello I am happy I subscribed. m Thoughtful and well delivered.

Good analysis,

Brilliant. Thank you.

The lesson is true for all industries

This guys videos are really good. Subscribed. Could you do a video about Shin-Etsu?

Labor costs, electricity cost, no R&D costs *copycat, intellectual property theft*, loose pollution regulations *absolute comparative advantage*, currency manipulation of the RMB, lots of different reasons

Great job 👏

One word for China's competitiveness: speed.

@questworldmatrix

3 жыл бұрын

I would say willingness to apply what is learned too. Unlike US corporations that buried the electric car and rail to prop up the oil industry.

@peterfireflylund

3 жыл бұрын

Low labour costs, high pollution, theft of technology, limitless state loans... I wonder if China has even made any actual money on solar cells yet...

@azizaomar4508

3 жыл бұрын

@@peterfireflylund Don't worry about that. They are going to make a lot of money. Once Chinese companies crushed the competition they will become oligopolies and compete among themselves and the winners will become monopolies and make insane profits. Then comes international regulations to curb their corporate reach. Same as what happened to US, Europe and Japan. Economic Karma goes around.

@SkyWKing

3 жыл бұрын

@@questworldmatrix True. There is no corporate interest that lobby against renewables so there is plenty of political will to move quickly. For China oil is not a commodity to profit from but a strategic resource and relieving oil demand is key to its energy self-sufficiency. Right now China couldn't last a 3-month oil embargo if relations with the west go really sour. US is hopeless as corporations are just way too powerful to allow meaningful changes. They always want to maintain the status quo.

@RS-ls7mm

3 жыл бұрын

No, a complete lack of concern for the environment, slave labor, and a need to show off.

What China did is fantastic and the whole world benefits from it. It is important to empathise that Japan did the same thing with the automobile industry I the 80's and the US did the same with the textile industry in the early 1900. Namely they learned from the industry leaders and improved on the technology. With regards to the American investment, I seriously doubt it would have made much difference if it did not happen because the Chinese government would have made the investment itself without any issues l.

@markcasila8310

3 жыл бұрын

well they didnt steall the other countries tecnoligy, copied everithing and then dumped it on other coutnries destoiyng theyr economies like china is doing, and Japan made changes to prevent that when countires start complaning about some similar situations ..... don try to compra the scum of the CCP to Japan

@rncmv

3 жыл бұрын

@@markcasila8310 "they didnt steall the other countries tecnoligy, copied everithing" you cant´be that stupid, can you? did you ever heard of industrial espionage? www.history.com/news/industrial-revolution-spies-europe foreignpolicy.com/2019/04/27/the-oldest-game-industrial-espionage-timeline/ securityintelligence.com/articles/10-myths-and-misconceptions-about-industrial-espionage/

Thanks........ Very informative.!.!...

Good program 🤓

Excellent demonstration of the evolution of solar panel of Chinese hold and the market hold of western capitalism.

Brilliant as ever.

Thanks for good news, I think that we have to use a lot of solar panels, but I think we should use roof, the agricultur has to be providing food, sometime they could be both. Best from Sweden.

Congratulations for your efforts👍👍👍👏👏👏

Chinese made solar hardware inexpensive to many. Here in the Philippines 🇵🇭🇵🇭🇵🇭, almost all are Chinese made including mine installed whereas all are Chinese and it helped with the electric bill and power outage.

@theburden9920

2 жыл бұрын

Soon the manufacturer will move to southeast asia due to cheaper wages

@vidadjurdjevic9783

2 жыл бұрын

@@theburden9920 Making solar is almost all automated now. You don't have to pay machine.

Seemed very well balanced. Good job.

10 years later this will happen to chips industry.

Pl have a video on semi conductor technology - intel , tsmc, smic etc

@sonarsphere

3 жыл бұрын

there are tons of videos about it on this channel already

It is a commodity product, and a lower cost producer almost always wins.

@vangcruz4442

3 жыл бұрын

Every products is a commodities.

@tristanwegner

Жыл бұрын

@@vangcruz4442 no. everything were people care about the brand is not a commodity

@vangcruz4442

Жыл бұрын

@@tristanwegner what do you care about?

谢谢！

Good points.

As always, very comprehensive about business dynamics

Will you make a video about the semi-conducter business? This was a very informative video. I'm surprised you don't have 100k subs

@MrMakabar

3 жыл бұрын

Semi Conductor is half of this channels video output.

i live in the state of Georgia (USA). Qcells has built several new plants here. vice president harris visited the one in Dalton,Ga this year. ///// Hanwha is the leading shareholder in REC Silicon, which announced that the entirety of its polysilicon supply coming out of Moses Lake, Washington, for the next 10 years will go to Qcells (approximately 3.6 GW annually). Qcells is also starting a 3.3-GW ingot, wafer, cell and panel manufacturing factory in Cartersville, Georgia, alongside its existing panel manufacturing sites in Dalton, Georgia. The company should have 8.4 GW of silicon solar panel capacity in the United States by the end of 2024.

Would *love* to see this topic revisited. The US inflation reduction act and trade tariffs has shaken up the playing field significantly. Many EU solar manufacturers are building or have built new facilities in the US. It would be interesting to see the perspective of Asiam companies, particularly those in China, ad they adjust to changing market conditions.

Love this essay. In the new era with a more defensive stance towards Chinese exporters, would Germany still have lost the solar industry?

@Gartendalf

3 жыл бұрын

We sold our patents on purpose, dumping prices for solar. Nowitis cheaper than anyone in the world could make it. Thatnks to china solar energy got cheap. So yes but no. We would beableto makeit but noone would buy it. Germany is too expensive as a place for production when it comes to differebt goods.

@grmasdfII

2 жыл бұрын

Chinas workforce is almost 20 times larger than Germanys and when you have State capitalism, political will goes *much* farther. It's pretty much impossible to compete with China in an area that the CPC has an active interest in.

@vsiegel

2 жыл бұрын

@@grmasdfII I did not even expect that solar cells would be produced in Germany in the long term. We created a market, so that somebody outside of Germany has a guarantee to have a customer for a long time. It was basically cooperation with China, in some way.

@indahooddererste

2 жыл бұрын

@@vsiegel those highly sophisticated machines who produce the cells are still made in germany.

@TheHesseJames

Жыл бұрын

@@Gartendalf and there is still a ton of jobs in Germany to do the installations.

Hey, thanks. Keep up the good work. Your video explained why Chinese panels overtaken German panels, a question which baffled me for a long time. However, I am still baffled why solar energy become a thing THIS time around while I didn't see any major technical breakthrough. And I've been around for a long time and witness hype over solar energy 2-3 times before this round.

@harryjessen

3 жыл бұрын

Take a look at this. What Is Wright's Law | Learning Curve of Innovation ark-invest.com/wrights-law/ It is the same reason that will make electric cars cheaper than gas cars.

@chriswestwood3289

3 жыл бұрын

It's due to chinese own development and hard work.

@peterfireflylund

3 жыл бұрын

Because it is cheap enough now. It wasn’t before.

@peterfireflylund

3 жыл бұрын

There's another reason or two, Harvey, that I didn't go into earlier because I was on my iPad. 1) we have small gas peaker plants now. 2) we have decent megabatteries now and they are only going to get bigger, better, and cheaper. Thank you, consumer electronics! Thank you, electric cars! Megabatteries can replace (and are already replacing) some of the peaker plants. In the long run, we might be able to get rid of all of them. 3) we have better and cheaper power electronics now. We have transistors that work with much higher voltages and much higher currents. They are *really* useful for EVs but they are also *really* useful for turning photovoltaic power into DC for battery charging or into 110 (120)/220 (240) volt AC for the grid -- or for going from grid power to DC battery charging power. The losses are much smaller now and they are much more reliable. They are *also* really useful for transforming electricity up/down, even without using AC. That means we can start using HVDC cables instead of HVAC -- the losses in HVDC are smaller, especially if they are in the ground or under water. 4) we have small, cheap computers everywhere + we have internet everywhere. That makes it easy to keep track of more details of the grid in real-time + it makes it realistic to turn off certain loads in a smart way when the total load on the grid is too high. Perhaps there are big freezers that can be turned off for a while with no harm, for example.

@peterfireflylund

3 жыл бұрын

@@chriswestwood3289 Hard work, yes. "Own development", not so much... Plus lots of pollution in China due to lax regulations.

18:58 over production?!? 450 TW photovoltaic is necessary for all tasks including planet renovation. This requires even with 40 years usage time 11 TW yearly production. Even 2021, there is only 2% of the necessary PV production

Wonderful video....and yes i am partly a beneficiary of the cost effective china made solar technology, was finally able to install a solar pv system on my residence rooftop..

it takes of a lot time and effort research into asia corporation information as most of them is not transparent, thank you

I once bump into the CEO of Genting group travelling in economy. They are billionaires. Genting is opening a casino in Las Vegas. They had a big casino in Singapore.

@insomniamode6176

3 жыл бұрын

U must be some VVIP if u could talk to him.

@windsong3wong828

3 жыл бұрын

Just recognise the face.....

Great videos! Can you make videos about other Taiwanese electronics manufacturers, like Gigabyte, ASUS, MSI etc. ?

So this video is released in 2021, but strangely at 19:31 the data for PV installed capacity ends at 2012, showing an anaemic internal Chinese market at the time, any reason for that? China has continued to accelerate its internal install capacity and today totals 253 GW which is over 100 GW more than europes 137GW, why not show that instead of combining it with the productive capacity and leaving out the last 8 years when we have the data?

Will there be a similar video on chips some years from now?

@dabdoube92

3 жыл бұрын

no

@vangcruz4442

3 жыл бұрын

2025, China's .0125nm Chips are so cheap that disposable flip flops can be track.

Great video, but I think folks should also step back and recognize how solar is still far, far, far away from being as clean as we think it is. Those solar panels degrade and require a ton of space and without battery storage, solar is a pretty inefficient energy source. Nuclear has its own set of issues, but is probably the most reliable CO2 free source of energy

@k7iq

3 жыл бұрын

I agree but I think both are part of the solution. More than just the two energy sources of course. 😁

@grmasdfII

2 жыл бұрын

Nuclear isn't CO2 free, just very low over the lifetime of a powerplant. More CO2/kWh than wind and hydro, lower than solar. Any sort of fossil fuel energy is awful, of course.

@baronvonlimbourgh1716

2 жыл бұрын

As pv eficienty keeps increasing the amount of space they need decreases conciderably. Over the last 10 years efficienty doubled. So only half the space is required to generate the same amount of energy. And that will happen again over the next decade. Add to that the continual decreasing price per panel, Enabling huge amounts of people and businesses to become energy independent. Panels easilly last 3 decades or more as well. And while that is happening investment in battery production and development is trough the roof. We will be drowning in cheap storage pretty soon. Nuclear is just way to expensive and political toxic to ever become a viable option again. If you can even find people willing to invest the amounts of money needed into it. Way to risky and it takes ages to see any return on investment.

@theAraAra

2 жыл бұрын

@@grmasdfII CO2 per kWh or hydro is twice that of nuclear (24g vs 12g of CO2). Wind and nuclear are pretty comparable (11g vs 12g). All according to the IPCC report from 2014. More recent estimates by the UN put nuclear's emissions even lower at around 6g. Of course, solar and wind still need natural gas (several hundred gs of CO2) as backup when there's no wind or sun, as of now.

@nvelsen1975

Жыл бұрын

Why should one exclude the other? My parents had a 'bad roof' and refused electricity consumption by 30%. I have a good roof and the projected reduction is going to be 90-100% during the day. Do you have any idea what the impact is of your backup source needing to cover 30-40% of your use at the good times, instead of 100% all of the time? Most importantly it can be scaled down: I can't fit a nuclear reactor in my garage. I can put solar panels on my roof. This means the electrical grid needs to be expanded less. Which is currently THE big killer for a nuclear future because you'd need a HUGE electric grid investment to get your electricity from a handful of locations.

17:33 "...stem the flow of foreign companies in their own markets..." sounds more like protectionism & I can imagine some people arguing that such behaviour is self-deceiving i.e. not wanting to face up to the reality of free-market competition

@gelinrefira

Жыл бұрын

When the west do it, it is "making market conditions more fair". When other people do it, it is protectionism. I stopped listening to the blatant hypocritical language even though Asianometry is typically a very fair channel and do call out bullshit.

Great summary of the solar sector! A video idea would be looking at the recent Trump trade tensions forcing Chinese companies move to Malaysia and other countries to bypass tariffs.

@terryl858

3 жыл бұрын

India Pakistan Bangladesh 2 you could not make it up

@zyroxyzzero580

2 жыл бұрын

It only moves the problem elsewhere

@salamandiusbraveheart4183

2 жыл бұрын

Chynese labor is too expensive now.

@markschmit7899

Жыл бұрын

We can put tariffs on them, too! USA already lost the precision machinery, robotics, steel industries, and is not even a food importer! it has to have at least one industry of the future!

@Rex-ww4cw

Жыл бұрын

I doubt that. Pretty sure Chinese company just bypass the tariffs by shifting their product to Hongkong then globally. It will count as a hongkong product rather than a China product

You cannot blame people blaming their government when politics becomes the problem and not the solution.

strange logic: france can't get machine?japan can't enter the EU market? why China ? education,passion, administration without strange interruption.

@tediberusa2098

3 жыл бұрын

maybe it's because china is now the 2nd largest market in the world and Germany sells a lot to china ....... even Mercedes Benz said China is their no.1 customer ..... so they got preferred ....... bottom line is it's business

@yaorugang7051

3 жыл бұрын

@@tediberusa2098 but how China becomes the second economy. The education. It's not about the top level education, it's about average education.

@hyy3657

3 жыл бұрын

1840：開門！ 自由貿易！ 2020：開門！ 自由貿易！

I have an observation that may be related to your story. Since 1995-ish, most households in China use solar panel based water heater. Those are only heat generating solar panels, but that has to be a huge factor for the solar industry in China. Aside from all those you mentioned, the early adoption of solar tech in a large scale in China may have provided their solar industry a lifeline.

@scofieldyuchao

2 жыл бұрын

yes,sun heat water,then can shower, that's very green

@lionhuang9209

Жыл бұрын

Yes, in my hometown village, every family installed solar panel water heater. The price was 150$ at that time, and it was cheap and every family can afford it. It totally improved people's life quality there. Cleaner in low cost.

Now the USA will be saying China is stealing solar rays, lol!!