Industry News

Climate Change Issues May Turn Around In 2021

Published by Author: Joey Wan January 04,2021

The climate change issue may take a turn for the better in 2021, mainly due to the following 5 aspects:

1. In 2021, world leaders will gather in Glasgow, Scotland, to participate in the second Global Climate Summit. The summit provides a platform to discuss increasing carbon emissions reductions and brings hope for a turnaround in climate change.
2. Many countries have pledged to increase the intensity and extent of carbon emissions reduction. In addition to China, there are others. Japan, South Korea, the United States and other countries have joined the ranks of achieving "zero emissions" in the middle of this century.


3. The price of renewable energy is unprecedentedly low. In October 2020, the IEA concluded that the current top solar power generation system can be called "the cheapest power supply in history."
4. The new crown epidemic has changed everything. The new crown epidemic has changed our perception of vulnerability and reminded us that there are many events in this world that are beyond our control.
5. The business world is moving closer to green, and Tesla's stock soars in 2020, becoming the automaker with the highest market value.

Therefore, based on the above reasons, the climate problem is most likely to have a new turn in 2021. In 2020, the market demand for solar cables will continue to rise, most notably in Southeast Asia, Africa, and South America. It is believed that in the future, the use of solar systems will continue to increase, and the demand for photovoltaic solar cables will also continue to increase. , For some local wire wholesalers, you can pay attention to the market demand of solar cables.

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