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China Takes Lead in Solar Cell Production

China Takes Lead in Solar Cell Production

In the wake of the global investment surge in solar power, China is cashing in -- big time. And its clean energy progress is putting the US and others to shame.

China has now overtaken Germany as the world’s #1 producer of solar cells, according to numbers tallied by the German magazine Der Spiegel.

Last year, China reached a production capacity of 1,200 megawatts, while runner-up Germany – one of the industry’s pioneers and long-time leaders – produced 875 megawatts worth of solar cells.

One-year wonder? No.