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Cheap solar panels from China are all over Europe – and everyone is freaking out

Electrek

Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. But it comes at a hefty cost: Local solar manufacturers are on the brink of a total collapse that could happen within weeks.

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Cheap solar panels from China are all over Europe – and everyone is freaking out

Baua Electric

Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. But it comes at a hefty cost: Local solar manufacturers are on the brink of a total collapse that could happen within weeks.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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World’s largest solar panel maker to slash thousands of jobs

Baua Electric

However, the Xi’an-based solar panel maker disputed the 30% figure and said job reductions would amount to around 5% of its workforce. China leads global solar manufacturing by far, and a glut of solar panels has meant that solar panel prices plummeted last year, so solar panel makers have had to sell at or below production costs.

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New photocatalytic system converts carbon dioxide to valuable fuel more efficiently than natural photosynthesis

Green Car Congress

A hierarchical self-assembly photocatalytic system (left) mimics the natural photosynthesis apparatus of a purple bacteria, called Rhodobacter sphaeroides (right), achieving 15% solar-to-fuel efficiency when converting carbon dioxide into methane. It mimics the structure of a purple bacteria’s light-harvesting chromatophores (i.e.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets. Solar is cheapest and falling The significant drop in solar power costs, by 23% in 2023, signals the end of supply chain disruptions and inflationary pressures.

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This $680 4-seater electric swan boat makes my own Chinese e-boat look luxurious

Baua Electric

But after buying an ultra-cheap Chinese electric boat last year , this new one makes my own lazy lake cruiser look like a luxury yacht. Assuming the boat truly is electric, that canopy seems like a lot of wasted space that could be well spent holding up some solar panels. FTC: We use income earning auto affiliate links.

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