Article 6JA2J Australia should develop solar PV sector to avoid dependence on China, report finds

Australia should develop solar PV sector to avoid dependence on China, report finds

by
Peter Hannam
from Environment | The Guardian on (#6JA2J)

New study says manufacturing solar photovoltaic panels domestically would help achieve emission goals and create jobs as global demand grows

Australia should develop its own solar photovoltaic (PV) manufacturing sector to avoid over-reliance on China for supply and tap into an industry with great potential, a report backed by the Australian Renewable Energy Agency (Arena) has found.

The decades-long expansion of the industry in China had driven the cost of solar panels down by more than two-thirds since 2016 alone. Chinese companies now dominate the global market and supply more than 90% of solar modules sold in Australia.

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