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As someone who has been following solar energy recently, it truly keeps me hopeful about the future of our planet and the Global South. Looking at China's solar PV exports, you can see that the total value of exports has actually been dropping since May 2023, but the amount being sold has just kept increasing. This means that the cost of solar is dropping basically month over month, to the point where individuals in Pakistan, Myanmar, and Afghanistan have all suddenly gained the power to control their energy supply for the first time ever.
From a broader perspective, Solar is the fastest growing energy source by far, and is the reason why the COP28 renewables tripling goal is still plausible. It also ruins the profit model of oil imperialists who chain struggling countries to buy their fossil fuels every month. Now that even battery costs are plummeting and stuff is increasingly being electrified, I actually think we have a fighting chance of saving our climate.
Yup, there's a virtuous cycle happening here with economies of scale making solar panels cheap to produce, and that in turn driving global demand.