Visualizing Where the World's Solar Panels are Made

2022-09-03 00:01:27 By : Mr. Zolace Zhu

Many governments are investing in renewable energy sources like solar power, but who controls the manufacturing of solar photovoltaic (PV) panels?

As it turns out, China owns the vast majority of the world’s solar panel supply chain, controlling at least 75% of every single key stage of solar photovoltaic panel manufacturing and processing.

This visualization shows the shares held by different countries and regions of the key stages of solar panel manufacturing, using data from the International Energy Agency (IEA).

From polysilicon production to soldering finished solar cells and modules onto panels, China has the largest share in every stage of solar panel manufacturing.

Even back in 2010, the country made the majority of the world’s solar panels, but over the past 12 years, its average share of the solar panel supply chain has gone from 55% to 84%.

China also continues to lead in terms of investment, making up almost two-thirds of global large-scale solar investment. In the first half of 2022, the country invested $41 billion, a 173% increase from the year before.

Source: IEA Note: Percentages may not add up to 100% due to rounding

After China, the next leading nation in solar panel manufacturing is India, which makes up almost 3% of solar module manufacturing and 1% of cell manufacturing. To help meet the country’s goal of 280 gigawatts (GW) of installed solar power capacity by 2030 (currently 57.9 GW), in 2022 the Indian government allocated an additional $2.6 billion to its production-linked incentive scheme that supports domestic solar PV panel manufacturing.

Alongside China and India, the Asia-Pacific region also makes up significant amounts of solar panel manufacturing, especially modules and cells at 15.4% and 12.4% respectively.

While Europe and North America make up more than one-third of the global demand for solar panels, both regions make up an average of just under 3% each across all stages of actually manufacturing solar panels.

China’s dominance of solar photovoltaic panel manufacturing is not the only stranglehold the country has on renewable energy infrastructure and materials.

When it comes to wind, in 2021 China built more offshore wind turbines than all other countries combined over the past five years, and the country is also the leading producer and processor of the rare earth minerals essential for the magnets that power turbine generators.

In its full report on solar panel manufacturing, the IEA emphasized the importance of distributing global solar panel manufacturing capacity. Recent unexpected manufacturing halts in China have resulted in the price of polysilicon rising to 10-year highs, revealing the world’s dependence on China for the supply of key materials.

As the world builds out its solar and wind energy capacity, will it manage to avoid repeating Europe’s mistakes of energy import overdependence when it comes to the materials and manufacturing of renewable energy infrastructure?

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Alongside 440 operable reactors, there are 59 nuclear reactors under construction globally. Which countries are building nuclear reactors?

Nuclear power is back in the spotlight as countries look to supplement renewable energy sources with a reliable and clean source of power.

The 2010s were a decade of decline for nuclear power in the wake of the Fukushima disaster in Japan. However, the recent push for clean energy is reviving the industry with several countries building new reactors, and others restarting or extending old ones.

The above infographic uses data from the World Nuclear Association to show the top 10 countries by nuclear capacity under construction as of July 2022.

Before looking at under-construction figures, it’s important to contextualize the current nuclear reactor landscape.

There are roughly 440 nuclear reactors operating worldwide, generating around 10% of the world’s electricity annually.

*Only 10 of Japan’s 33 operable reactors are currently operating.

In the U.S., 93 reactors generate more than 30% of the world’s nuclear power, more than any other nation. In France, nuclear plants are the main source of power, accounting for 70% of annual electricity generation.

China’s nuclear industry has expanded rapidly over the last decade. The number of reactors in China jumped from 13 in 2010 to 53 in 2021, accompanied by a roughly five-fold increase in nuclear generation capacity.

India is an outlier—its generation capacity is lesser than the UK despite having 10 more operating reactors. This is largely because 17 of India’s 22 reactors have less than 300 MWe of capacity and are considered “small”.

Overall, around 280 of the world’s 440 reactors are over 30 years old. While these reactors are still performing at high capacity, new reactors are being built to support the aging fleet.

The majority of new nuclear reactors are being built in Asia, with China topping the list followed by India.

*Reactor construction is currently suspended in Japan, Ukraine, and Brazil.

China’s reliance on nuclear power is increasing as the economy transitions away from coal. With 21 reactors under construction, the country is set to expand its nuclear capacity by more than 40% before 2030. It’s also building the world’s first commercial small modular reactor (SMR), which will have the capacity to power more than 500,000 households annually.

Following China from afar is India, with eight reactors under construction that nearly double its generation capacity. While all reactors today are powered by uranium, India has an ambitious plan to develop a thorium-fueled reactor to reap its vast resources of thorium, a non-fissile radioactive material with the potential to be used as nuclear fuel.

Overall, the Asian continent (ex-Russia) accounts for 36 of the 59 reactors under construction. Meanwhile, Turkey is building four reactors including its first operational reactor, which is expected to come online in 2023.

As of July 2022, the largest under-construction reactors are in the UK with gross capacities of 1,720 MWe each. However, this may change as new constructions start with hundreds of reactors planned for construction across the globe.

As the only fuel source of low-carbon, scalable, reliable, and affordable electricity, nuclear will play a prominent role in the clean energy transition.

Global demand for electricity is set to grow around 50% by 2040.

As the only energy source of low-carbon, scalable, reliable, and affordable electricity, nuclear is set to play a prominent role in meeting this growing demand while satisfying decarbonization objectives globally.

In this infographic from Skyharbour Resources, we take a closer look at how uranium is shaping the future of energy.

Nuclear is considered an important source of clean energy, being the second largest source of low-carbon electricity in the world behind hydropower.

Nuclear power plants produce no greenhouse gas emissions during operation, and over the course of their life cycle, they produce about the same amount of carbon dioxide-equivalent emissions per unit of electricity as wind, and one-third of the emissions per unit of electricity when compared with solar.

Nuclear fuel is extremely dense and generates minimal waste. All of the used nuclear fuel produced by the U.S. over the last 60 years could fit on a football field at a depth of fewer than 10 yards.

To power up reactors, uranium demand is expected to rise ∼160% over the next decades.

Several countries are going nuclear in a bid to reduce reliance on fossil fuels while building reliable energy grids. Not many, however, have uranium deposits that are economically recoverable.

Canada has the world’s largest deposits of high-grade uranium with grades of up to 20% uranium.

Canada’s Athabasca Basin region in Saskatchewan and Alberta has the highest-grade uranium deposits in the world, with grades that are 10 to 100 times greater than the average grade of deposits elsewhere.

Uranium was first discovered in the Athabasca Basin in 1934, and today the region remains a major hot spot for uranium exploration.

Besides hosting the richest uranium grades in the world, the region is a top-tier mining jurisdiction, with the best practices for environmental protection.

In recent years, a number of junior uranium companies have made exciting new discoveries in the basin, with Skyharbour Resources among them. The company holds an extensive portfolio of fifteen uranium exploration projects, ten of which are drill-ready, covering 450,000 hectares of mineral claims.

Skyharbour Resources is becoming an industry leader in high-grade Canadian uranium exploration needed for nuclear power and clean energy.

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