Europe’s solar industry might actually have a fighting chance against Chinese dominance if policymakers get their act together, according to a new study that breaks down exactly what it would take to bring solar manufacturing back home. SolarPower Europe and Fraunhofer ISE crunched the numbers and found that European-made solar modules cost about 10.3 cents per watt more than Chinese imports, which sounds terrible until you realize that’s only a 14.5% price difference for the final electricity generated.

Whether Europe seizes this opportunity depends on how seriously policymakers take the challenge of rebuilding an industry they’ve essentially given up to China over the past decade. As the continent gets its act together, many North American companies like PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FRA: 103) will be exploring the…

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