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Many US solar factories are lagging. Except those China owns (www.reuters.com)

submitted 3 months ago by [email protected] to c/[email protected]

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cross-posted from: https://lemmy.ml/post/18089617

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[–] [email protected] 11 points 3 months ago (1 children)

"Heavily subsidized supply chains"

Let's just call it what it is: economies of scale. China makes up 80% of the polysilicon market. The US? Barely 5%. Scale is the strongest subsidy of them all.

[–] [email protected] 4 points 3 months ago

Yes but it's not like they woke up one day and had all of the market. The state made a conscious effort to invest heavily in building capacity in this sector even if it meant flooding the market. And now they are global leaders with a massive market share.

There's nothing stopping the US from doing the same thing other than liberalism.