16/12/2023
This is interesting news. With China accounting for 80% of global solar manufacturing capacity and costs dropping, it will drive up the use of solar panels usage.
Solar energy is not only for the large investment heavy farms but also for homes and buildings. With drive towards a low carbon economy, the market is set to grow rapidly in the next few years.
China's cost to produce solar panels has plummeted 42% in the last year, according to a report published on Thursday, giving manufacturers there an enormous advantage over rivals in places like the United States and Europe.