China Building Solar Panels

In 2017 china was the first country to pass 100 gw of cumulative installed pv capacity and by the end of 2018 it had 174.

China building solar panels.

According to the international energy agency iea more than 60 of the world s solar panels are made in china. The government has a clear economic interest then in ensuring that there is high. China thinks a solar power project in space to beam energy from the sun back for use on earth is a viable idea. In 2015 china became the world s largest producer of photovoltaic power narrowly surpassing germany.

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. The renewable energy concept has been around for decades and as the space race with. The country now accounts for around about half of global solar panel demand.