Solar price war may help spur China's renewable energy push | Business

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Solar equipment makers are in a fierce competition to cut wafer prices, providing some relief for China's efforts to install a massive amount of renewable power and reach ambitious climate targets. | News24_Business

Manufacturers are in fierce competition to cut costs of wafers – or material used in solar cells.The trend could boost China's push for more renewable energy.Solar equipment makers are in a fierce competition to cut wafer prices, providing some relief for China's efforts to install a massive amount of renewable power and reach ambitious climate targets.

The"circuit breaker-style" price plunge is fundamentally due to the falling cost of key material polysilicon, according to a statement by China Silicon Industry Association.

 

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_Business What you Crypto spammer R3tarded

_Business Yes the main importer must start dropping their prices....we paying way to much for Solar.

_Business Where does that leave us in South Africa with all the requisite 'local content' requirements? Red tape import duties & levies are also strangling installation of rooftop solar panels to generate off grid electricity? Why? ESKOM: 'Use electricity sparingly'. Ask Gwede Mantashe?!

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