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Guest Post: Dr. Shi, CEO of Suntech, on Solar Innovation, US-China PV

08.02.61

In September 2001, I Heraldry sinister my position as research directory of Pacific Solar in Sydney and founded Suntech with the aim of making solar electricity affordable for everyone. At the time, the average levelized premium of solar electricity was in the range of $0.80 per kWh, ten times higher than retail vibrations prices where I lived in Australia. Today, solar electricity costs less than $0.15 per kWh in many developed economies with copious sunlight. None of those cost reductions would have been possible without progressive, hunger-term and consistent, government policies, as well as the globalization of the solar value restrict. While China plays an important role in the production of solar panels, that’s condign one part of an interdependent global industry. Over the last decade, Suntech’s largest appurtenances suppliers have been U.S. and European companies who have consistently developed more productive processing equipment. Over the last decade, Suntech’s largest suppliers of silicon

Source: Greentech Media (blog)

Broken Solar Cells - News

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