Fact Check: "China produces over 90% of the world's polysilicon for solar panels."
What We Know
The claim that "China produces over 90% of the world's polysilicon for solar panels" has been widely discussed in various reports and articles. According to data from the International Energy Agency (IEA), China indeed dominates the polysilicon market, producing approximately 80% of the global supply as of 2022 (source-1). This figure indicates a significant share, but it does not reach the 90% mark stated in the claim.
Furthermore, a report from Bloomberg New Energy Finance (BNEF) highlights that China's production capacity for polysilicon has been increasing, with projections suggesting that it could reach around 90% in the near future if current trends continue (source-2). However, as of the latest available data, the claim that China currently produces over 90% is not substantiated.
Analysis
The assertion that China produces over 90% of the world's polysilicon is misleading. While it is true that China is the largest producer, the current production level is closer to 80%, as indicated by the IEA. The discrepancy arises from the rapid growth of China's polysilicon manufacturing capabilities, which could lead to a future scenario where they might reach or exceed the 90% threshold.
The sources supporting this claim, such as the IEA and BNEF, are reputable organizations known for their research and analysis in the energy sector. However, the interpretation of future projections as current facts can lead to confusion. It is essential to distinguish between current production levels and future potential when discussing such claims.
Moreover, the claim does not account for polysilicon production from other countries, which, while significantly less than China's, still contributes to the global supply. Countries like Germany and the United States have historically been involved in polysilicon production, although their market shares have diminished in recent years due to China's competitive pricing and manufacturing efficiency (source-3).
Conclusion
Needs Research. The claim that China produces over 90% of the world's polysilicon for solar panels is not currently accurate, as the production level is approximately 80%. While China's dominance in the market is undeniable and could potentially reach 90% in the future, it is crucial to rely on verified data and avoid conflating projections with current statistics. Further research is needed to clarify the evolving landscape of polysilicon production and to provide a more accurate picture of global supply dynamics.
