The United States and Europe can no longer compete with China, after the cost of producing solar modules there dropped by 42% in 2023 to $0.15 (€0.14) per watt.
n recent years, East China's Shandong province has used photovoltaic power as an important means to optimize the local energy structure. Adapted to local conditions, the province also promotes photovoltaic construction by utilizing resources such as enterprise factories, rural residences and idle ponds with the aim to realize the coordinated development of photovoltaic power generation, new energy, animal husbandry, and leisure and entertainment.