Trade Flock - How to Import Solar Panels From China? TradeFlock - Import Solar Panels Magazine | Page 4
Editorial
Solar energy is the most promising renewable source of en-
ergy and China is making it more affordable and convenient
as China produces solar panel at lowest prices globally. For
the last few years, China has been presented as the largest
producer of solar panel provider. China produces half of the
world’s total solar panel and maximum of these are exported
globally. Trading solar panel worldwide, China has a
significant impact like pricing, specifications, warranties,
and manufacturing process. Poly-silicon solar panels are the
largely produced in China. The majority of the solar panel
companies is located in China because of the abundant
poly-silicon and low production costs. For example, take Sun
Power, an American company and a popular brand for solar
panels, sources most of its production from China. Chinese
solar manufacturers offer solar panels in all ranges in quality
such as economy, standard, and premium because of the
incredibly low cost of production and availability of raw
materials. China’s skilled and cheap labor makes it possible
to invite companies to move to China where they received tax
credits instead of paying taxes and resulting in building up the
world’s largest solar manufacturing hub and today China is
dominating the solar market in PV installation as well as total
installed capacity.