The Indian financing industry has seen a sharp slowdown since the IL&FS crisis with credit growth slowing down sharply for the overall Indian economy. This has a feedback effect where lower financing leads to lower growth which in turn leads to lower demand for credit. The Indian GDP fell to below 5% and there are […]

The Chinese solar industry is by far the dominant country in terms of solar product manufacturing with 9 of the top 10 manufactures of solar panels coming from China. The major Chinese companies have continuously added capacity at a far greater level than global demand as they look to kill their competitors through sheer scale […]

During the early parts of the century, Japanese companies such as Sanyo, Panasonic, and Mitsubishi along with Sharp were the dominant manufacturers of solar products globally due to the early growth of the Japanese solar market. These companies with their traditional technology strengths easily entered the solar industry and till now were the leaders in […]

Chinese solar company Longi has transformed the global solar industry by managing to produce monocrystalline solar ingots and wafers at a much lower cost than the overall industry and has almost single-handedly transformed the industry’s dominant technology. The company has been rapidly expanding capacity to take advantage of its low-cost production process and currently has […]

India’s western state of Rajasthan has the most abundant solar resource in India with large tracts of low-cost land with high solar insolation available. The state has now come out with a new solar energy policy where it has set a target of 30000 MW by 2025 building upon the 5 GW of existing solar […]

The upstream part of the solar supply chain was the only part where Chinese companies were not dominating the market completely. Due to the complex chemical processes of making high-grade polysilicon, Chinese companies imported large quantities of pure grade silicon from Germany, the USA, and Korea. The initial years of the solar boom had led […]