Subsidies and Low Labor cost not the reason for Chinese Solar Competitiveness NREL and MIT don’t think that low wage costs and generous subsidies are driving the Chinese advantage in solar panel manufacturing. They think that the massive scale of Chinese silicon panel factories is the main reason for their competitiveness. NREL thinks that the [...]

SBI opposes Gujarat’s cut in Solar Feed-in-Tariffs The State Bank of India (SBI) which is India’s largest bank is worried about the effects of a retroactive cut in solar feed in tariffs by Gujarat. The bank has lent to almost 10% of the total solar capacity built in the state under a solar subsidy policy. [...]

Problems faced by Financial Market in China China is suffering from the problem of rent seeking and corruption, all thanks to its regulated Financial Market. In order to help the nation curb these problems, the country needs to free its financial markets. In March this year, the State Council announced a new batch of restrictions. [...]

Germany meets 60% of its electricity demand from solar Germany has been the real reason that the solar industry has come so far so fast. The huge subsidies given the German government  has allowed the solar industry to expand from 5 GW in 2008 to more than 30 GW in 2012. The yearly fall in [...]

Indian states come around to promoting Solar Rooftop Installations after being fixated on ground mount plants Indian states have finally come around to supporting rooftop solar home plants, instead of just megawatt solar ground farms. Though the support is quite small the beginning is quite auspicious. Note the Indian federal and state governments have this [...]

Indian states are competing with one another in announcing massive solar subsidies through reverse auction tenders. AP had announced a huge 1 GW tender as it tried to beat the massive power crisis affecting the state. However, Indian governance remains a massive problem for Indian development and solar power is no different. We have already [...]