China Leads With Solar Panels

Solar grade polysilicon is the major building block for not only solar panels but also for the semiconductor industry making it an important resource internationally.

China leads with solar panels. Founded in 2006 the company started out as a wafer manufacturer and went public on the new york stock exchange in 2010. And the largest solar plant in the. Between 2008 and 2013 china s fledgling solar electric panel industry dropped world prices by 80 percent a stunning achievement in a fiercely competitive high tech market. They distribute their solar products and sell its solutions and services to a diversified international utility commercial and residential base in china.

Lofty ambitions but as ball points out the revolution has not been without. China is home to many sizeable solar farms including the huge 850 megawatt longyangxia dam facility on the tibetan plateau with its four million panels. But it refuses to give up coal because of energy demand and. The report points out that china has taken a lead in renewable energy and is now the world s largest producer exporter and installer of solar panels wind turbines batteries and electric vehicles.

During the trade war china imposed tariffs on imported polysilicon from american manufacturers effectively shutting out us producers from one of the largest markets in the world. Ironically china leads the world in the production of both coal and solar it s the largest producer and buyer of solar panels.