New study shows solar manufacturing costs not driven primarily by labor
Production scale, not lower labor costs, drives China's current advantage in manufacturing photovoltaic (PV) solar energy systems, according to a new report released today by the Energy Department's National Renewable Energy Laboratory (NREL) and the Massachusetts Institute of Technology (MIT). Although the prevailing belief is that low labor costs and direct government subsidies for PV manufacturing in China account for that country's dominance in PV manufacturing, the NREL/MIT study shows that a majority of the region's current competitive advantage comes from production ...