Commercial

China, Europe, US gear up for big solar push

As complementary pressures from both the cost of fossil fuel and the impact of climate change drive the industrial powers toward renewable energy alternatives, government spending, subsidies and support for solar power generation and solar technology innovation are on the rise. China now claims more than 15% of the global production of polysilicon, used in solar panels, and more than 25% of solar modules. The Chinese leader in the field is SunTech an industry giant poised to become the world's second-largest producer of solar modules, fresh off the production of one of the most efficient commercial solar cells (as opposed to experimental or design phase solar cells).

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