SolarPower Europe Study Suggests How to Reshore Solar Production in Europe
Europe's solar industry might actually have a fighting chance against Chinese dominance if policymakers get their act together, according to a new study that breaks down exactly what it would take to bring solar manufacturing back home. SolarPower Europe and Fraunhofer ISE crunched the numbers and found that European-made solar modules cost about 10.3 cents per watt more than Chinese imports, which sounds terrible until you realize that's only a 14.5% price difference for the final electricity generated. The cost breakdown published in the study reveals where Europe is getting crushed in manufacturing. Labor costs are 280% higher than China,…