Ironically none of the Scandinavian or European countries are on the list of large manufacturers of solar modules across the world. The renewable energy market is very important, as it is attracting a large number of investments.

The importance of the availability of a huge amount of solar power around the world is also helping to mitigate the climate change issues and providing the solution of electricity generation in a meaningful way.

In my opinion, cost always plays a major role in any kind of investment related to solar modules manufacturing units. Asian countries due to less labor cost had an upper hand in terms of selling such big units.

Source:- Statista.