2015 may be a flat year in terms of solar demand growth with two of the largest markets Japan and China showing declining to flat demand respectively. Other markets such as India and USA will not pick up sharply enough to offset the fall in demand from Japan. However, the market is set to see [...]

G-56 India has recently been somewhat rattled by the new US-China climate change deal, in which the world’s two largest polluters have signed a deal to substantially reduce their carbon emissions by 2030; with China setting a target of 20% renewable energy by 2030. India has an active member in climate change talks. India wants [...]

REC Solar acquired by a Chinese Solar Company The European Solar producers used to dominate the solar industry in 2008, as the German EEG subsidies started a solar boom. However, the Chinese manufacturers slowly and inexorably gained marketshare from others through strong backing by the Chinese government and their low cost advantage. The European companies [...]

India’s government recently increased its plans to install 100 GW of solar energy by 2022, up from around 3 GW now. This would mean an investment of around $150 billion, if we take an average price of $1.5/watt for solar installation. However, India is a capital starved country and getting in this huge amount of [...]

Lets analyze the Q3 results of Canadian Solar (CSIQ) today.Canadian Solar has emerged as a star performer. Not only did it gave good results this quarter, the company has given good returns in the past too. The company is based in China hence enjoys strong government support there. CSIQ has presence across US, Japan and [...]

Yesterday I wrote about why I think the solar companies’ performance was fair last quarter (Q3 2014). Now a series of posts will follow, giving the earnings update, the outlook and the major reason on which the particular company’s performance was dependent. Let’s start today with ReneSola (SOL). The company was a pure play polysilicon [...]