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 […]

The solar industry has confounded analysts and market researches for a long time now as the prices have fallen each year much faster than expected. The Chinese economic system has been the biggest factor as large companies keep running year after year without making a single dollar of profit. Huge subsidies by the government in […]

Indian Solar Industry depends heavily on China India has a significant capacity to make solar panels and cells but most of it is distributed amongst tens of producers most of which have closed their factories and have nameplate capacity on paper only. The Indian solar industry which is expected to grow to 5 GW this […]

Foxbots in China Last year Foxconn chairman had said that he would use 1 million robots to replace most of the workers in his numerous factories in China. Foxconn which is one of the largest electronic manufacturers in the world supplying to all the top brands such as Apple, HP etc. is also one of […]

China to cut its FIT China has been the biggest growth driver of solar demand in the world over the last couple of years and it has surprised everyone with the huge jump in solar growth in the first half of 2016, when it installed an eye popping 20 GW of solar capacity. However, the […]

Renesola forecasts 10% GM The Chinese overcapacity  has made even the top Chinese solar players run for cover, given the disastrous decline in prices across the solar supply chain. Renesola (NYSE:SOL) said that it foresess a 20% decline in solar panel and wafer prices in Q3 of 2016, as compared to the first half of […]