China Solar Energy Industry Remains NO.1 among the Global

(China Glass Network)

China’s solar energy industry has been a global leader with production capacity consecutively ranks No.1 being the largest solar energy application market. Specialists think parity online age of solar energy industry is on the way, as technology and industry chain changes rapidly with innovation reforms.

Technology reform and innovation makes solar energy powering cost little as before. Thus previous expensive solar energy becomes more and more common for people. In October last year, YIINGLI and XIEXIN New Energy offered 0.45 KW/H and 0.48 KW/H respectively for the project “Leader” of Wuhai City in Inner Mongolia.

General Secretary of China Association for PV Industry, Wang Bohua expressed his forecast on the parity internet surfing in 2025 with the grounds that the manufacturing cost is reducing.

As indicated by data of China Association for PV Industry, cost of China silica materials, component parts, inverter and system bare manufacturing reduced by 44.4%, 41.6%, 57.1% and 27% respectively during 2013 to 2016.