Low-cost imports from China fuel boom in solar panels

The Guardian Online

2 October 2011: British homeowners are increasingly able to build greener homes by using cheap solar panels from China, but western workers are paying the price with a wave of corporate collapses and layoffs among green energy firms.

The price of PV (photo voltaic) solar panels has dropped by as much as a third this year alone, hastening the introduction of a low-carbon economy and reducing the time period when renewable energy needs public subsidy.

And there is a boom at present as consumers try to install the low-cost equipment before the level of handouts via the government feed-in tariff (FIT) is reassessed in April next year.

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