Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells pv magazine that prices will remain low in the short term.
It seems like China is putting a lot of efforts into becoming environmentally cleaner in the last few years though. I’m hoping that they’ve finally realized that pollution is bad.
There’s something called an environmental Kuznets curve that suggests that a population will sacrifice environmental health to industrial degradation in favor of per capita income up to a point, after which they are affluent enough to care, and after this environmental health improves. China seems to be at the inflection point.
They were at the inflection point back in 2008. They’ve been full tilt towards the improvement side of the curve for nearly two decades.