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China’s BYD to build electric vehicle plant in Indonesia

Financial Times - Energy · last updated

China’s BYD to build electric vehicle plant in Indonesia
China’s BYD to build electric vehicle plant in Indonesia

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Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.

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