Headline : China Rules Solar Energy, but Its Industry at Home Is in Trouble

Read more from the original article on here at www.nytimes.com.

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Keith Bradsher, who has covered China’s solar industry since 2009, reported from Changsha, China.

Over the past 15 years, China has come to dominate the global market for solar energy. Nearly every solar panel on the planet is made by a Chinese company. Even the equipment to manufacture solar panels is made almost entirely in China. The country’s solar panel exports, measured by how much power they can produce, jumped another 10 percent in May over last year.

But China’s solar panel domestic industry is in upheaval.

Wholesale prices plummeted by almost half last year and have fallen another 25 percent this year. Chinese manufacturers are competing for customers by cutting prices far below their costs, and still keep building more factories.

Read more from the original article on here at www.nytimes.com.

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