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DU Home » Latest Threads » Forums & Groups » Topics » Environment & Energy » Environment & Energy (Group) » Chinese President: China... » Reply #9

Response to kristopher (Reply #4)

Mon May 27, 2013, 05:24 PM

9. Which mean's China will no longer supply the world with cheap panels

global mfg capacity spiked to about 60GW while demand was at 35GW, demand is increasing and a lot of older dirtier capacity has shut their doors.


snip

24 months ago their goal of installed solar by 2015 was 5GW - as of Jan this year it is 35-40GW (depends on reporting).


Based on your numbers, China's domestic panel demand will soon eat up most of their domestic panel production. This is excellent news, as they desperately need clean energy production. On the other hand, this means panel costs will raise globally in the short term with Chinese panels effectively taken off the market. Which means my plan of installing panels on my roof in the next few years might cost quite a bit more than I budgeted for

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