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Thats sadly wrong, Chinas solar industry was heavily subsidized by the state to purposely crash the market prices of panels and ruin the solar industry of weste
by Max-20 5y ago
Thats sadly wrong, Chinas solar industry was heavily subsidized by the state to purposely crash the market prices of panels and ruin the solar industry of western countries. Once they succeeded they raised prices again to make profit.
- yorwba 5y agoHave prices actually increased? Lazard's Levelized Cost of Energy analysis shows a steady decline in cost https://www.lazard.com/media/451447/grphx_lcoe-09-09.jpg https://www.lazard.com/media/451447/grphx_lcoe-09-09.jpg but that also includes operating costs. I can't find a source for the solar panels themselves.
- corty 5y agoThey just didn't decrase as fast as they could have, given falling prouction cost. But then again, the market was heavily distorted by German and Chinese subsidys anyways, so it is hard to know what the subsidy-free "real" market prices would have been.
- nkmnz 5y agoSo Chinese subsidies are “purposely crashing the market”, while German subsidies are... what exactly? Well, they did not crash the market, but they crush innovation and competitiveness, while China improved.