China Increasing Solar Panels

Eight out of the world s top 10 solar panel makers are chinese according to.

China increasing solar panels. The solar energy market in china got its momentum in the early 2000s keeping up with the increasing demand for energy. However with january 15th s phase 1 trade deal the solar industry can breathe a partial sigh of relief. China s role in the solar industry any comment china makes about the solar industry can have ripple effects and for good reason. To make solar a mainstream energy and become a part of the global energy mix china started giving incentives for boosting the domestic solar pv manufacturing.

From tariffs on imported solar panels from china to a sharp decline in imported american polysilicon to china the political back and forth has developed a sense of uncertainty around the solar industry in this country. In 2017 53 gw of solar was installed in the country more than. According to the international energy agency iea more than 60 of the world s solar panels are made in china.