From NOT A LOT OF PEOPLE KNOW THAT
By Paul Homewood
.A brand new report from the IEA exhibits simply how a lot China dominates the Photo voltaic PV business:
Let’s have a look at a number of the charts.
The primary set present how far China’s dominance has elevated since 2010, notably on wafers and polysilicon, the early levels of the manufacturing stage:
And frighteningly that dominance is anticipated to proceed rising:
China’s dominance is constructed on decrease prices, the results of low electrical energy prices, lack of environmental requirements and what quantities to slave labour. It’s essentially clear that the West can’t compete on China’s phrases, leaving the dilemma of strategic overdependence on China or a lot increased photo voltaic panel prices.
