Cheap prices are always what we embrace because they help save our budget and we use that unused money to buy something else important. In the solar market, China's solar modules such as solar panels and PV inverters are cheaper than those manufactured in Europe and the US. Why are they cheaper than others? It needs an insightful discuss.
China has overtaken the US to become the largest economy in the world although its average economic standard still remains lower than that of other developed countries due to its large population. Anyway, this title shows that the country's economy has improved dramatically in recent years. Although its labor payments have been raised several times by the central government, their average payments are lower than those in other developed countries. If a solar panel or inverter factory is built in China and it employs Chinese laborers, the costs of producing these modules are in fact low, at least lower than those in developed countries.
Besides cheap labor, China is also a big country with the third largest territory in the world. Naturally fed by this advantage, more large-scale solar module manufacturing factories can be established in the country. In fact, numerous business people have participated in this game and produced numbers of solar modules. On one hand, solar panel, inverter and other module demands increasingly grow in the global market; on the other hand the country's internal market is also expanding. Truth be told, China's rapid industrial development is based on environmental pollution. And today everyone sees many cities in the country are overcast by haze which threats the country's people's health. Based on this tragedy, China is working to clean its air. Although going solar is not the only solution for the country, it is now becoming very popular in the country.
China has signed an air protection deal with the US, and so the Chinese government has released a series of measures dealing with this issue. Generating electricity with sunlight is a clean method to drive off haze, and this has been approved by the government to further develop. Like other countries, the government has also subsidized its solar module and PV system manufacturers. In addition, supported by relevant policies, manufacturers can loan more money from the country's banks for financial support. Along with its mature supply chains, these manufacturers can produce cheap price solar modules.
Solar modules like solar panels are mainly made of silicon. With its large-scale production, the same amount of silicon will have cheaper prices when it is made into solar panels. In this way Chinese solar modules will become cheaper compared with those from the US or Europe. In addition, some people hold the idea that Chinese solar modules have adopted the bottom-up costs strategy, and so they have contributed to the cheaper prices. Some may worry about their qualities. This is worth our attention because some modules are not as excellent as you think. The fact is that many Chinese factories have introduced foreign technologies to develop their business. This might ease your tension somewhat, I think.
Â
Â
China has overtaken the US to become the largest economy in the world although its average economic standard still remains lower than that of other developed countries due to its large population. Anyway, this title shows that the country's economy has improved dramatically in recent years. Although its labor payments have been raised several times by the central government, their average payments are lower than those in other developed countries. If a solar panel or inverter factory is built in China and it employs Chinese laborers, the costs of producing these modules are in fact low, at least lower than those in developed countries.
Besides cheap labor, China is also a big country with the third largest territory in the world. Naturally fed by this advantage, more large-scale solar module manufacturing factories can be established in the country. In fact, numerous business people have participated in this game and produced numbers of solar modules. On one hand, solar panel, inverter and other module demands increasingly grow in the global market; on the other hand the country's internal market is also expanding. Truth be told, China's rapid industrial development is based on environmental pollution. And today everyone sees many cities in the country are overcast by haze which threats the country's people's health. Based on this tragedy, China is working to clean its air. Although going solar is not the only solution for the country, it is now becoming very popular in the country.
China has signed an air protection deal with the US, and so the Chinese government has released a series of measures dealing with this issue. Generating electricity with sunlight is a clean method to drive off haze, and this has been approved by the government to further develop. Like other countries, the government has also subsidized its solar module and PV system manufacturers. In addition, supported by relevant policies, manufacturers can loan more money from the country's banks for financial support. Along with its mature supply chains, these manufacturers can produce cheap price solar modules.
Solar modules like solar panels are mainly made of silicon. With its large-scale production, the same amount of silicon will have cheaper prices when it is made into solar panels. In this way Chinese solar modules will become cheaper compared with those from the US or Europe. In addition, some people hold the idea that Chinese solar modules have adopted the bottom-up costs strategy, and so they have contributed to the cheaper prices. Some may worry about their qualities. This is worth our attention because some modules are not as excellent as you think. The fact is that many Chinese factories have introduced foreign technologies to develop their business. This might ease your tension somewhat, I think.
Â
Â
SHARE
