Goodbye Big Oil, Hello Big Solar
Solar power companies are on track to provide more energy to the world than oil and gas soon says Bloomberg.
Solar power companies are on track to provide more energy to the world than oil and gas soon says Bloomberg.
GCL System Integration Technology Company — a notable China-based solar photovoltaic module manufacturer — saw its production output increase roughly 500% last year, according to recent reports. The surge means that GCL is now the seventh biggest solar photovoltaic (PV) module manufacturer in the world (as of the end of … [continued]
Here’s more solar fun for some lazy Sunday (or Monday after Christmas) reading. Enjoy! Solar $$ Solar Cheaper Than Fossil Fuels For New Chilean Projects? UK Solar Installations Still Offer Excellent ROI Peer-to-Peer Financing For Residential Solar Rolled Out In Arizona Living the EV/PV Dream: How I Chose to Pair My … [continued]
Falling preferential tariffs in India and rising competition in China has finally led to solar photovoltaic manufacturers rethinking their strategies in these two major markets. Chinese module manufacturer ReneSola refused some orders from China and India due to low profit margins, the company revealed during its Q2 2014 results conference … [continued]
A recent order by the Chinese Ministry of Industry and Information Technology has sounded the death knell for about 75% of the country’s solar panel and related component manufacturers. The ministry has released a list of 134 companies which will be eligible to receive credit support from financial institutions. The companies which failed … [continued]
The government of China is now offering a 50% tax rebate to photovoltaic solar panel manufacturers, effective since October 1, 2013. This is a value added tax (VAT) PV rebate which will end on December 31, 2015. China has been the greatest exporter of solar panels in recent years, and it … [continued]
The government of China has announced a major overhaul of its solar panel industry. It will be actively encouraging mergers among producers of solar panels, reducing government support, and “blocking” local leaders from “supporting domestic producers.” And there has even been some talk that some producers will be allowed … [continued]