{"id":1827,"date":"2023-01-04T11:42:45","date_gmt":"2023-01-04T10:42:45","guid":{"rendered":"https:\/\/carbon-solar.com\/?p=1827"},"modified":"2023-06-30T12:03:34","modified_gmt":"2023-06-30T10:03:34","slug":"how-did-china-become-the-pv-market-leader","status":"publish","type":"post","link":"https:\/\/carbon-solar.com\/en\/press-review\/how-did-china-become-the-pv-market-leader\/","title":{"rendered":"How did China become the PV market leader?"},"content":{"rendered":"

In order to get out of the energy crisis and fight against global warming, the European Union has defined the rapid deployment of solar energy as a strategic issue! While these measures aim to increase Europe’s energy sovereignty, another major aspect must be addressed: our industrial dependence in the photovoltaic sector. In fact, China today holds a virtual monopoly in the PV sector.<\/p>\n

Indeed, the People’s Republic has gone from 7% of world solar panel production in 2005 to 70% in 2022. How did China manage to build this monopoly in under twenty years?<\/p>\n

A strong policy in favor of PV in China<\/h3>\n

China’s success is primarily due to a strong incentive policy. Indeed, in the 2000s, China added solar energy to its list of 7 “strategic emerging sectors”. Massive incentives were then put in place: permissions, subsidies, simplification and acceleration of procedures.<\/p>\n

All in all, China has invested $50 billion in the growth of the PV industry since 2011, which is ten times more than Europe (source: International Energy Agency<\/a>).<\/p>\n

Low-cost electricity<\/h3>\n

In addition, Chinese manufacturers can rely on a major advantage: cheap electricity. In fact, electricity in China is 30% cheaper than on the world market. Yet, the price of electricity has a significant impact on the entire PV value chain. Electricity accounts for 40% of the expenses of polysilicon producers in particular.<\/p>\n

However, it should be noted that most of this energy is produced in coal-fired power plants. In addition, a major concern remains: the forced labor of the Uighurs.<\/p>\n

For a European industrial sovereignty<\/h3>\n

Today, it is urgent for Europe to put in place strong measures that encourage the development of a European solar industry in order to ensure European sovereignty and a real energy and ecological transition<\/a>.<\/p>\n

This is why CARBON<\/a> has joined the European Photovoltaic Industry Alliance. The aim of this alliance is to give a new boost to the industry and enable the manufacture of competitive, sustainable and low-carbon European solar panels<\/a>.<\/p>\n

Source: L\u2019ombre des for\u00e7ats ou\u00efgours sur le solaire chinois<\/a>, an article by J\u00e9r\u00e9my Andr\u00e9 in Le Point<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

In order to get out of the energy crisis and fight against global warming, the European Union has defined the rapid deployment of solar energy as a strategic issue! 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