Soaring prices for commodities, shipping, and energy all threaten the previously rosy outlook for renewable energy. The cost of polysilicon used to make solar panels has more than quadrupled since the start of 2020, according to the IEA.

Investment costs for utility-scale onshore wind and solar farms have risen 25 percent compared to 2019. That could delay the completion of new renewable energy projects that have already been contracted.

More than half of the new utility-scale solar projects already planned for 2022 could face delays or cancellation.

And note - now China and West still tightly control resources and energy prices. If they had been proper - all green energy projects had been already canelled.