According to a new report from Wood Mackenzie, China will hold more than 80% of the world’s solar polysilicon, wafer, cell and module manufacturing capacity from 2023 to 2026 following investments exceeding $130 billion this year alone.
“China’s solar manufacturing expansion has been driven by high margins for polysilicon, technology upgrades and for developing local manufacturing in overseas markets,” says Huaiyan Sun, a senior consultant at Wood Mackenzie and author of the report.
“China will still dominate the global solar supply chain and continue to widen the technology and cost gap with competitors.”
More than 1 TW of wafer, cell and module capacity is forecasted to come online by 2024, meaning China’s capacity is sufficient to meet annual global demand now through to 2032, based on Wood Mackenzie forecasts of annual demand growth.
Strong government policies in overseas markets have started to increase local solar manufacturing, but they are still not cost-competitive compared to Chinese supply. A module made in China is 50% cheaper than that produced in Europe and 65% cheaper than the U.S., according to the report.
The U.S. and India have announced more than 200 GW of planned module capacity since 2022, driven by the Inflation Reduction Act in the U.S. and the Production Linked Incentive in India.
“Despite considerable module expansion plans, overseas markets still cannot eliminate their dependence on China for wafers and cells in the next three years,” Sun says.
China will continue to be the global technological leader with its announcements to build more than 1 TW of N-type cell capacity, the next-generation technology after P-type. This represents 17 times more capacity than the rest of the world.
Looking outside China, India is forecasted to overtake Southeast Asia as the second-largest module production region by 2025, which will be driven by India’s strong PLI incentives.
Concerns about the market’s oversupply are mainly aimed at old production lines that produce lower efficiency products, such as the P-type and M6 cells. Demand for P-type cells began to decline in 2023, and Wood Mackenzie analysts expect it to be only 17% of supply by 2026.
“Oversupply will undeniably hinder some of the current expansion plans,” Sun adds. “More than 70 GW of capacity in China has been terminated or suspended in the past three months.”
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Wood Mackenzie: China Will Continue to Dominate Solar Manufacturing Sector
Renewable Energy
As Europe Shuns Chinese Turbines and Components, Who Will Fill the Gap?
Weather Guard Lightning Tech

As Europe Shuns Chinese Turbines and Components, Who Will Fill the Gap?
While most of Europe has spent most of this year itemizing reasons it cannot, should not, and will not use Chinese wind turbines or components, accusations and arm-twisting tactics have garnered most of the attention.
But we invite you to consider a future – maybe just five, or ten years from now?- in which those same countries and companies are eagerly awaiting orders from wind turbine manufacturing facilities in… India.
What?!
You know that the country has a lot of installed wind.
You may think – and many in the industry would agree – that India’s blade manufacturers are a few revs behind blade-makers elsewhere in the world. But the country is newly committed to manufacturing and it’s busy installing more – provided that it’s made in India, with Indian technology, by Indian workers.
Of course, similar domestic-focused policy currents are running through European countries – where wind OEMs are almost inarguably a decade ahead of Indian manufacturers. But there’s an important reason why we say, “watch India” in wind turbine manufacturing.
It’s because you might learn something.
If you follow The Uptime Wind Energy Podcast, you probably heard this discussion a few weeks ago. It wasn’t the headline story – we try to highlight as many major news items and trends that we can, and follow up as credible information becomes available. India’s quiet moves to strengthen its own renewable energy industries didn’t grab the headlines. But it comprised a good bit of our panelists’ discussion.
With India’s expanding manufacturing capacity, and Suzlon’s strategic offerings for the European market (Blue Sky), there are reasons for European developers to take a closer look at Indian manufacturers.
If Europe continues to squelch deals with Chinese manufacturers due to data security issues, India is a relatively obvious candidate to fill the void, for several reasons:
- The country has depth and breadth in R&D: India (Suzlon, specifically) has a track record of involvement and relationships across the continent, as it operates research and development centers in Germany, the Netherlands, and Denmark.
- Indian service providers have reach: Inox and Adoni Wind operate multiple wind turbine manufacturing plants and wind farms throughout several Indian states, and Apraava Energy has been commissioning wind projects, working with multiple OEMs, for more than 16 years.
- The country’s energy sector has size: Tata Power is estimated to be worth about US$16 billion and employs 22,000 people.
And major manufacturers from other countries have had a strong presence in the country for years:
- GE Vernova has turbine blade and nacelle manufacturing operations and multiple tech/R&D centers in India;
- Vestas has a R&D technology center in Chennai; and
- China’s SANY Wind has had assembly facilities in India since 2017, and in 2024, it signed a licensing agreement with JSW allowing SANY to manufacture blades and generators for JSW – enabling JSW Neo Energy to produce wind turbine generators and major components in-country.
So while there is hard data suggesting that India is already a global hub for wind turbines, sometimes the real strength comes from soft skills. Like sharing information.
We’ve noticed that Indian manufactures aren’t stingy with information. They share what they learn in the field and on the shop floor, so that the whole industry can move faster to solve problems. That bodes well for the industry overall, and particularly well for companies who figure out how to solve problems that some manufacturers aren’t even ready to admit to having.
We’ll be watching India with a great deal of interest in the coming months. Subscribe to The Uptime Wind Energy Podcast and follow along with us.
We’re not financial analysts. We’re engineers who watch the wind industry very closely. This is what we’ve noticed, and we thought it was worth sharing.
Where do you think you’ll be looking for solutions, components, and service providers in the next few years or the next decade? Tell us what you think. We’d love to hear from you.
As Europe Shuns Chinese Turbines and Components, Who Will Fill the Gap?
Renewable Energy
When You Write for Idiots, You Can Get Away with Anything
To the author of the meme here:
“Either” refers to two choices; “any” refers to three or more.
More importantly, it’s amazing how shamelessly the ultra-right wing exaggerates. The left side of the Democratic party would like to see the United States look like social democracies in places like Scandinavia. Having government programs that benefit the common person, e.g., Social Security, public schools, emergency relief, libraries, environmental responsibility, etc., does not equate to Stalinism.
Renewable Energy
Are Muslims “Dangerous?”
Some of my old prep school chums from the Class of 1973 convene via Zoom approximately every six weeks for a 90-minute discussion of current events, science, and anything else that sounds interesting.
Our professions range from medicine, law, finance, and business management. All from highly ranked colleges. Over 50% hold doctorate degrees.
Here’s something I find fascinating about the group: it includes one right-wing conservative. I don’t mean a Reaganite; I mean a Trump supporter. This guy is incapable of any thought that doesn’t come directly from Nexsmax.
It’s almost eerie how closely he toes the line of the far-right. Yesterday he echoed the Newsmax talking point and told the group that all Muslims holding public office are “very dangerous” and should be removed.
Now, the rest of us are sitting there, dumbfounded at this idea, unwilling waste our breath on this racist and utterly preposterous concept.
All this raises the question: How are our political viewpoints formed? How much of this is genetics? Epigenetics? Early childhood experiences? How do take a boy from among the best environments and turn him into someone who struggles to understand the most basic principles on which our country was founded?
https://www.2greenenergy.com/2026/11/09/principles-country-was-founded/
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