An aerial vies of a solar farm owned by the Huaneng Group in Shilin, China. Beijing is set to further increase its manufacturing and installation of solar panels, as it seeks to master global markets and wean itself from imports. — ©2024 The New York Times Company
CHINA unleashed the full might of its solar energy industry last year: it installed more solar panels than the United States has in its history.
It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38% while its exports of key components almost doubled.
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