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Chinese solar panel boom threatens Pakistan’s debt-ridden grid | Industry rushes to switch to clean energy as cost of state power network becomes crippling (www.ft.com)

submitted 4 weeks ago* (last edited 4 weeks ago) by [email protected] to c/[email protected]

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basically:

Pakistan, with Chinese financing, solved a problem of frequent rotating blackouts by building coal-fired power plants. Those are more expensive than solar, so people are installing small-scale solar right and left...which means that the coal-fired power plants aren't financially viable.

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[–] [email protected] 1 points 4 weeks ago

Make the utility responsible for the bonds and have them go bankrupt.