← All posts

Chinese government slams the brakes on domestic solar, and the global industry braces for the impact

This is a guest post by Jeremy Leggett. Views are the author's own and do not necessarily represent the opinions or positions of MyGridGB or Dr Andrew Crossland.

Subsidy cuts and a 10 GW cap (vs 53 GW last year). Solar manufacturers’ stock prices plunge. Developers overseas anticipate lower prices, but…

It will be difficult for the rest of the world to absorb all the manufacturing capacity that fed Chinese domestic growth last year. Could the global industry be heading for a down year, despite everything that has been so positive of late?

Image: from REN 21 report