A PetroChina worker installs photovoltaic panels along the Tarim desert road in northwest China’s Xinjiang Uygur autonomous region. Photo: Xinhua
How China’s solar panel price war could drive renewable energy installations globally
- Leading Chinese solar panel makers Longi Green, TCL Zhonghuan and Tongwei cut prices by as much as 27 per cent last month due to falling raw material costs
- Europe is expected to benefit significantly from cheaper solar prices as the continent diversifies energy sources to deal with reduced gas supplies from Russia
A PetroChina worker installs photovoltaic panels along the Tarim desert road in northwest China’s Xinjiang Uygur autonomous region. Photo: Xinhua