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China has accounted for the majority of global solar panel manufacturing for over 10 years now: https://www.statista.com/chart/1576/chinese-solar-photovoltaic-
by philipkglass 2y ago
China has accounted for the majority of global solar panel manufacturing for over 10 years now:
https://www.statista.com/chart/1576/chinese-solar-photovoltaic-production-soars/ https://www.statista.com/chart/1576/chinese-solar-photovolta...
Despite that dominance, prices continue to fall:
https://ourworldindata.org/grapher/solar-pv-prices https://ourworldindata.org/grapher/solar-pv-prices
As an addendum, the US also saw a rapid increase in domestic solar panel manufacturing in recent years:
https://seia.org/news/american-solar-panel-manufacturing-capacity-increases-71-q1-2024-industry-reaches-200-gigawatt/ https://seia.org/news/american-solar-panel-manufacturing-cap...
But that was due to government incentives that are now under fire from the Trump administration.