How massive subsidies helped drive a 90% collapse in solar costs

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Since 2010, global solar module manufacturing subsidies totaled about $21 billion, predominantly driven by China with over 81% of the support. OECD nations have increased their solar subsidies recently, promoting significant cost reductions in solar technology.

A database of industrial subsidies suggests global solar module manufacturing support since 2010 totals about $21 billion, with China responsible for more than 81%. However, OECD countries have increased spending in recent years. The post How massive subsidies helped drive a 90% collapse in solar costs appeared first on pv magazine Global.