David Kirkpatrick

November 5, 2009

China dominating solar manufacturing

If you follow the solar cell industry at all that fact should be very readily apparent. The Chinese government has put great emphasis o0n and money into solar. One major advantage Chinese firms have over U.S. and European competitors that’s not going away any time soon is labor costs.

From the link:

Solar companies presenting business plans to investors at a National Renewable Energy Laboratory (NREL) conference this week devoted particular attention to how they hope to compete with Chinese manufacturers. The audience at the NREL Industry Growth Forum in Denver consisted largely of venture capitalists and partners from private equity firms.

Stellaris, a company that assembles solar modules in Lowell, MA, has already received $6.1 million in funding to develop techniques for packaging silicon and thin-film cells. The company, represented at the conference by CEO James Paull, is seeking further financing in 2010.

1 Comment »

  1. I was at the Solar International Trade Show in Anaheim, California recently. I would estimate that more than one third of the companies exhibiting there were Chinese.

    Comment by Steve — November 5, 2009 @ 7:29 pm

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