Global solar PV supplies are over-concentrated in China, says IEA


Source: futurenetzero.com futurenetzero.com

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The global solar PV supplies are currently heavily concentrated in China , the International Energy Agency (IEA) has said. In the first study of this kind, the agency stresses that global manufacturing capacity for solar panels has increasingly moved out of Europe, Japan, the US and China in the last decade. The authors of the report note that China’s share in all the key manufacturing stages of solar panels exceeds 80% today. They suggest the country’s share in other components, including polysilicon and wafers is set to rise to more than 95% in the coming years. Polysilicon and wafer are...