Monday
March 23
2026

China Set to Cut Solar Incentives for Africa Days After Elon Musk Negotiates $2.9 Billion Chinese Solar Equipment Deal for Tesla

By Olamilekan Okebiorun

According to Reuters, Tesla is in talks to purchase equipment worth about $2.9 billion from Chinese firms to build large-scale solar manufacturing capacity in the United States, as CEO Elon Musk targets up to 100 gigawatts of solar production.

Photo courtesy of Pixabay.

Source: Business Insider Africa (link opens in a new window)

Categories
Energy, Environment
Tags
corporations, energy access, manufacturing, renewable energy, scale, solar