China Leads With Solar Panels

China continues to lead the world in solar power installations and is expected to increase its capacity by more than 7 gigawatts gw or 7 billion watts over last year according to a new report.

China leads with solar panels.

The report points out that china has taken a lead in renewable energy and is now the world s largest producer exporter and installer of solar panels wind turbines batteries and electric vehicles. Lofty ambitions but as ball points out the revolution has not been without. 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. 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.

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. But it refuses to give up coal because of energy demand and. And the largest solar plant in the. They distribute their solar products and sell its solutions and services to a diversified international utility commercial and residential base in china.

Founded in 2006 the company started out as a wafer manufacturer and went public on the new york stock exchange in 2010. Ball is the lead author of a recent report that details china s success as an innovator in the solar panel industry.