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Thursday, March 21, 2013

Night Falls on China’s Solar Industry

Think of Solyndra, but on a much bigger scale, in the Billions. I have very mixed feelings on this. It shows the ability to create an industry through government  support that has taken a huge percentage of the world market and dominates, but it has also created a huge amount of oversupply creating a solar bubble. In the US fracking has led to a huge reduction in natural gas supply that has hurt the economics of the Solar and Wind industry. Coal is still a much lower cost producer than Solar.

I am a big solar fan, and I look forward to the day Solar makes more economical sense.

Night Falls on China’s Solar Industry - Via Media

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