Solar power is booming, and there are many reasons for that.
But China’s growing power has also attracted the attention of many countries.
The United States has been looking for ways to export solar energy and the European Union has been studying the potential of solar energy in the energy mix of its new high-speed rail network.
But the biggest player in the solar energy market is Germany.
China’s growing solar power market has a lot of potential for expansion.
WSJ’s Benoit Faucheux discusses why.
WSj’s Benois Groissuis explains why China is a leader in solar energy.
Solar power has grown in China over the last decade as a result of a boom in solar panel manufacturing and the emergence of China’s first commercial solar energy plants.
But the solar power industry in China is struggling.
Its share of the world’s total solar energy production is just 3 percent.
And the world is still in a race to produce solar panels and get them into people’s homes.
Solar power has a long way to go before it can compete with the cost of gas, which has surged over the past few years.
In the US, a typical solar power panel costs $0.30 a watt.
Solar panels in China, which currently produce about 80 percent of global solar energy, cost $0 to $0