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Nov 10, 2023

China becomes solar energy superpower, dominates 80% of supply chain

Posted by in categories: solar power, sustainability

China’s solar industry has invested $130 billion in 2023, dominating the global solar supply chain and widening the technology and cost gap with other countries.


Xijian/iStock.

A new report by Wood Mackenzie reveals that China will control over 80 percent of the world’s production of polysilicon, wafers, cells, and modules — the critical components of solar panels — from 2023 to 2026.

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