Innovation is the reason China’s solar is cheap

Solar-Module-Price-1977-2013

You may hear quite often that “the only reason solar is so cheap is because China is dumping cells. ”Let me correct it. Here is the price, as of February 2015, of solar modules, per watt sold in Europe. SE Asia (Malaysia, mostly) is cheapest. China is next. Japan, Korea, and Germany are slightly above that.

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