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 […]

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 […]