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#57 – Greg Nemet on Technological Change and How Solar Became Cheap
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Solar Panels - What Happened to the University of New South Wales?
There were German subsidies and then China responded. So if you could do solar and China, you could sell just about anything. And so that's what these Chinese solar companies did. They did IPOs on the New York Stock Exchange and raised hundreds of millions of dollars. The core of it is now located in China.
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