China just stuns your mind with the large numbers that are bandied about. The country has one of the largest coal power capacity in the world with 895 GW of capacity existing around China. However, most of the capacity lies idle as power growth has decreased to just 3% from the around 10% earlier. […]

Global Overcapacity in Solar Industry Unlike the last downturn, large Chinese solar companies such as Canadian Solar, JA Solar, Hanwha Q-Cells and Jinko Solar have reported stellar results with gross margins in the mid teens level. This is in sharp contrast to the Taiwanese and western companies that are reporting large losses. A global manufacturing […]

Where will Solar Industry Go From Here… Solar energy has been witnessing an overwhelming response from all around the world. The technology has not only been successful on grounds of its green credentials, but also a sharp decline in its prices. The solar panel prices have plunged almost 40% in the past few quarters. Much […]

Solar Slowdown in China The Chinese government is reportedly cutting its target for solar capacity additions from 150 GW in 2020 to just 110 GW. The main reasons for the cutting in my view are: 1) Grid constraints as there is not enough power lines from the main western producing regions of China such as […]

Falling Sales for Solar Companies in China China remains the biggest driver for renewable energy demand whether it is solar or wind energy. China installed a gargantuan 30 GW of wind energy and over 15 GW of solar energy in 2015 making it by far the largest installer of renewable energy capacity in the world. […]

China FIT cut China has apparently been mulling cutting solar feed in tariffs by almost 31% in 2017 from the rates in 2016. This would have brought down the FIT to an average of 8-11 cents a unit from a high of 15 cents a unit currently. Note the rates in China are quite high […]