this post was submitted on 17 Jul 2024
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Many US solar factories are lagging. Except those China owns (www.reuters.com)
submitted 4 months ago by schizoidman@lemmy.ml to c/worldnews@lemmy.ml
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cross-posted from: https://lemmy.ml/post/18089617

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[โ€“] nekandro@lemmy.ml 11 points 4 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.

[โ€“] Assian_Candor@hexbear.net 4 points 4 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.