REC Survival story We at Greenworldinvestor have speculated numerous times that most solar companies based in Europe such as Solarworld will cease to exist. We even thought that REC would have a tough time in surviving, given the massive losses in 2011 and 2012 with the massive debt. However, REC looks all set to survive […]
Investing in solar energy plants is not easy, given the multiple risks that this new form of energy entails. Despite solar energy capacity growing by more than 50% CAGR over the last decade, solar energy still accounts for less than 1% of the global energy demand. The industry is relatively new though with the massive […]
Volume/ Price Quota by China Europe recently negotiated with China to set up a volume and price quota for solar panels imported from China. This was done to stop a potentially highly damaging trade war between these two blocs and prevent the complete decimation of the solar manufacturing industry in Europe. Europe set up a […]
Germany has managed to substantially slow down the additions of solar energy systems to its grid. The country installed only 3.3 GW of new solar energy capacity in 2013, which is down sharply from the average of 7.5 GW it installed over the previous 3 years. The main reasons for the decline was the sharp […]
Germany has undoubtedly been the biggest solar success story in the world, thanks to its far sighted EEG law. However China and Japan have far eclipsed Germany in the last one year, as German market has saturated itself with solar energy. Germany has a massive 35 GW of solar power installed now, which is almost […]
Bosch to pay Solarworld to overtake its plant in Germany Bosch has been one of the biggest losers in the solar industry, as we estimate that the company has lost more than $1.2 billion in its solar venture. Bosch bought two Tier 2 German solar companies for extremely expensive valuations during the peak of the […]