China Leads With Solar Panels

And the largest solar plant in the.

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. Jinko solar is a solar panel manufacturer headquartered in shanghai. 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. 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. 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. Ironically china leads the world in the production of both coal and solar it s the largest producer and buyer of 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 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. But it refuses to give up coal because of energy demand and.