RV_ Posted January 4, 2023 Report Share Posted January 4, 2023 The cost of manufacturing a solar panel in China has plunged recently, thanks to lower prices for polysilicon. Excerpt: "Polysilicon is the most expensive component of a traditional solar panel. Recently a glut of the stuff has led leading Chinese solar panel manufacturers like Longi Green, TCL Zhonghuan, and Tongwei to lower their prices by as much as 27%. This couldn’t come at a better time for Europe, which is racing to install large numbers of solar panels to offset the loss of cheap methane from Russia. According to the South China Morning Post, the reduction in solar panel prices by Chinese manufacturers is expected to stimulate demand globally, particularly in Europe. A slowdown in domestic demand as the result of the resurgence in Covid infections in China is largely responsible for the decrease in demand, according to the China Silicon Industry Association. “The increasing cost competitiveness of solar power generation, driven by expanded production and upstream cost reduction, will help promote renewable energy across the world,” Shanghai-based brokerage firm BOCI Securities said in a recent report." More and related links here: https://cleantechnica.com/2023/01/02/falling-solar-panel-prices-in-china-will-impact-countries-around-the-world/ Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
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