China Leads With Solar Panels

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.

China leads with solar panels.

Jinko solar is a solar panel manufacturer headquartered in shanghai. Ironically china leads the world in the production of both coal and solar it s the largest producer and buyer of 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 is home to many sizeable solar farms including the huge 850 megawatt longyangxia dam facility on the tibetan plateau with its four million panels.

Ball is the lead author of a recent report that details china s success as an innovator in the solar panel industry. 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. They distribute their solar products and sell its solutions and services to a diversified international utility commercial and residential base in china. And the largest solar plant in the.

Lofty ambitions but as ball points out the revolution has not been without. Founded in 2006 the company started out as a wafer manufacturer and went public on the new york stock exchange in 2010.