26 Jul '13, 6pm

60% of Solar PV Comes from China

in Europe is worrisome due to the government subsidy reduction, high manufacturing cost, and competition from cheap Chinese products,” TrendForce’s EnergyTrend research division said. Chinese modules were being manufactured at 19 to 22 cents per watt, whereas European manufacturers were at least 27 percent higher in manufacturing costs. The low manufacturing costs made the the cheapest price for Chinese PV as low as 54 cents per watt, while the least expensive modules from other countries were costing 66 cents per watt. “Moreover, Chinese manufacturers can get a refund on export tax, thus the price for Chinese products would be about 30 percent cheaper in European market,” the company said.

Full article: http://www.solarfeeds.com/60-of-solar-pv-comes-from-china/

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