Chinese Innovation, Green Industrial Policy and the Rise of Solar …
It is striking that the fastest reductions in solar photovoltaic (PV) costs since the mid-1970s have occurred in the last decade and a half, coinciding with the take-off of the solar industry in China (Figure1). We observe that between 2004 and 2013, Chinese solar firms increased their annual production by 76%per year, and by 2016, China''s dominance of global solar manufacturing …