China’s industrial strategy of dominating new industries through massive state support in the form of billions of dollars in loans and subsidies has ensured that it has become the dominating global force in these industries. The country through its state apparatus ensures that multiple companies fight it out viciously amongst each other leading to lower […]
Despite missteps, the Indian government has strongly signaled that it will support the development of Electric Vehicles in India. It would even take some strong steps such as forcing auto players to make only EVs for two-wheelers and three-wheelers after 3-5 years. While the companies who already have huge investments in the ICE ecosystem are […]
The polysilicon industry saw huge profits in the early days of the solar industry with a few players and limited supply. The price of polysilicon on the spot market reached as high as $400/kg, while the prices in the contract market were only $60-80/kg. In those days, solar cell and module manufacturers which had long […]
Indian policymakers are of the view that if India is to play a substantial role in the coming EV revolution, then they would need a robust manufacturing system which would ensure that there are enough jobs and the country does not run a huge new import bill as it does now with crude oil imports. […]
The USA China trade war has ratcheted up in the last 18 months with USA imposing more and more duties on Chinese imports which has itself been retaliating in a small measure with duties on imports of USA agricultural and energy products. The solar industry has been affected by the trade war much before it […]
The world has become somewhat immune to the repeated news chatter of a new record low in solar prices. Given last year, almost every month used to bring another record in solar auctions conducted around the world (Mexico, Saudi Arabia, USA, etc.), solar auction prices had become run of the mill with no one paying […]