Falling Solar Panel Prices In China Will Impact Countries Around The World
Polysilicon is the most expensive component of a traditional solar panel. Recently a glut of the stuff has led leading Chinese solar panel manufacturers like Longi Green, TCL Zhonghuan, and Tongwei to lower their prices by as much as 27%. This couldn’t come at a better time for Europe, which is racing to install large numbers of solar panels to offset the loss of cheap methane from Russia.
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