The incompetence of government authorities and bureaucrats around the world continues to surprise me as renewable energy subsidies keep going haywire. The script followed is the same in all the bust countries but others fail to learn from them and keep making those mistakes. Spain was the first country to witness a massive renewable energy […]
Komax to exit Solar Market The Europeans have been abandoning the solar market in increasing numbers in the last 2 years. The European solar companies dominated the whole solar industry supply chain. Now only a few European companies are surviving while none of them are thriving. Q-Cells the largest solar cell company was bankrupted and […]
The Chinese have captured the global solar panel manufacturing industry by investing billions of dollars in building almost 40-50 GW of capacity even when the global demand is about 30 GW. Their low cost manufacturing has bankrupted erstwhile solar panel leaders such as Q-Cells, which have been bought for pennies to the dollar by Chinese […]
A large section of the German solar industry has already shut down or been bought for pennies to the dollar by Asian conglomerates such as Hanergy, LDK Solar and others. The remaining companies are also on the brink of collapse as they are not competitive with the super cheap low prices being charged by Chinese […]
China limits the Solar Panel export to Europe The EU-China solar spat is the most talked about trade war in the history of solar industry. Europe initiated the biggest anti-dumping trade war against China. The European Union decided to levy anti-dumping duty of 11.8% on the imports from Chinese manufacturers early this June. If the […]