Which solar projects are backed by China?

Beneficiaries include Chinese-backed projects, such as: Trina Solar’s 5GW plant in Wilmer, Texas; Illuminate Solar’s 5GW plant in Pataskala, Ohio; and Jinko Solar’s expansion of its Jacksonville, Florida, facility to 1GW. The companies declined or did not respond to requests for comment.

Did China install more solar in 2023?

Between March 2023 and March 2024, China installed more solar than it had in the previous three years combined, and more than the rest of the world combined for 2023. Solar capacity first surpassed wind in 2022, and the gap has grown significantly larger, thanks to the massive expansion of distributed solar.

Are solar panels a good investment in China?

Solar panels typically must generate electricity for at least seven months to recoup the electricity needed to make them. Coal provides two-thirds of China’s electricity at low cost. But Chinese companies are reducing costs further by installing solar farms in the deserts of western China, where public land is essentially free.

Can China bolster its solar manufacturing future?

As China is the clear world leader in solar manufacture (as well as in deployment), China has much to gain from supporting roll-out of the ‘spare’ solar capacity to developing countries. It would not be the first time that the government has supported deployment in order to bolster its solar manufacturing future.

What's going on with the US & China solar subsidies fight?

The subsidies fight is the latest chapter in a long-running tussle between the US and China over solar. Washington has cracked down on imports of solar parts, slapping tariffs on imports directly from China and also from Chinese companies operating in south-east Asia.