China’s giant solar industry is in turmoil

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Overcapacity has caused prices—and profits—to tumble

in a smoggy corner of China’s inland Shaanxi province, the country’s world-leading solar industry is on display. Robots scoot around carrying square slices of polysilicon, a substance usually made from quartz. The slices, each 180mm across and a hair’s breadth thick, are called wafers. They are bathed in chemicals, shot with lasers and etched with silver. All that turns them into solar cells, which convert sunlight into electricity.

China’s solar industry is dominant across every stage of the global supply chain, from the polysilicon to the finished product. Module production capacity in the country reached roughly 1,000 gigawatts last year, almost five times that of the rest of the world combined, according to Wood Mackenzie, a consultancy. What is more, it has tripled since 2021, outgrowing the rest of the world, despite efforts by America and others to boost domestic production.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 6. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

China Looks to Curb Overcapacity in Its Lithium Battery IndustryChina is looking to curb overcapacity in its lithium-ion battery industry by focusing on quality over quantity.
Herkunft: OilandEnergy - 🏆 34. / 68 Weiterlesen »