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Price shocks from the Iran war power solar sales in energy-hungry Asia
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Price shocks from the Iran war power solar sales in energy-hungry Asia

The Seattle Times·ANTON L. DELGADO The Associated Press·20 days ago
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MANILA, Philippines (AP) — Soaring costs for fuel due to the Iran war are leading panicked consumers in hard-hit Asia toward rooftop solar power, a likely windfall for China as the world’s largest provider of solar technology. In the Philippines, which is in a national energy emergency, a survey of 20 local solar companies found a 70% increase in weekly installations and a six-fold jump in customer inquirers since the conflict began. “This crisis is a driving force for solar,” said Brenda Valerio of the nonprofit New Energy Nexus, which ran the survey. “People want solar and people want solar now.” China is poised to profit from demand caused by the war. Chinese clean technology equipment exports hit a record high in March, according to energy think tank Ember, and worldwide interest in solar is increasing.…

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