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China can catalyse local finance for home solar in the Global South
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China can catalyse local finance for home solar in the Global South
Last year China was once again the world’s top manufacturer of solar power equipment. Exports stood at USD 29 billion with sales to the Global South growing particularly fast. China can supply huge quantities of affordable equipment for community energy across Asia, Latin America and Africa. However, research institutions and NGOs have pointed out that the country is rarely involved in financing such projects.Prior to 2020, almost all of China’s…
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