India-led alliance bats for diverse solar energy market
October 19, 2022
BENGALURU, India (AP) — For countries to transition away from fossil fuels and toward cleaner energies like solar power, supply chains for components need to be more geographically diverse, officials said during a conference on solar energy in New Delhi said on Tuesday.
Currently, 75% of components needed for solar power are manufactured in China, according to a recent report by the International Energy Agency. Representatives at the fifth assembly of the International Solar Alliance, made up of 110 member countries, want that to change.
"By 2030, we expect that solar will be the cheapest sour...
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