CIRCLE WITH A DOT

So if they spend another $2T on this hideous war as they did in the last, you could buy 2000X the above numbers of panels or batteries. Yes you need to install the panels, wire them up, add inverters, put the batteries into things and so on, but it gives you an idea of the massive opportunity cost in other people’s blood and their own treasure that they are willing to spend on supporting fossil fuels. #renewables #energytransition

China's renewable energy expansion has reached staggering scale. In 2023 alone, the country added 216 GW of solar capacity — more than the total ever installed in the United States. Wind added another 100 GW. Total renewable capacity now exceeds 1.5 TW.For comparison, the entire US power grid (all sources) stands at approximately 1.2 TW.This is driven by energy security needs, market dominance (China controls 80% of solar supply chains), and economics. Solar prices have fallen 90% in a decade, making it the cheapest energy source in history.The challenge now is transmission. China is building ultra-high-voltage lines and massive battery storage to move power from western deserts to eastern industrial centers.For investors: grid infrastructure, copper, lithium, and rare earth metals are the strategic assets of the coming decade.#China #Renewables #Solar #EnergyTransition #Investing #Gridhttps://vir.group/