The Shi family from Shandong, China has seen a significant increase in their income by shifting their focus to rooftop solar power. Previously, they relied on farming corn and millet for a stable income. However, in 2021, they decided to invest in solar power by installing 40 solar panels on their roof. Through an app on her phone, Ms. Shi can monitor the electricity generated and the payment received per watt. On average, her family earns about 10,000 USD per year.
The solar power trend in China is growing rapidly as the Chinese government aims to reduce greenhouse gas emissions and grow a green economy. With a goal of having 20% of electricity produced come from renewable energy by 2025, the government has been investing heavily in solar panel production and installation in recent years. Despite the success of solar power in China, challenges such as grid overload and pricing mechanisms still exist. To address these challenges, the government is working on improving the power grid and encouraging flexible pricing to make solar power more attractive for customers.
Businesses and individuals are increasingly investing in solar panels due to both financial incentives and environmental consciousness. Companies like Wang Xingyong’s specialize in installing solar panels for various customers. Villagers are also getting involved by installing solar panels on their roofs and earning money by selling electricity to the grid. With advancements in battery technology and government support, the solar power industry in China is expected to continue growing and contributing to a more sustainable energy future.
Ms. Shi’s family is just one example of how rooftop solar power can provide a stable income stream for families who have traditionally relied on farming for income
