28 Nov '11, 4pm

Asia Report: China Strikes Back via @reworld

“I think it is interesting to note that in 2006 China avoided implementing a FIT because ‘FITs trigger such rapid market growth,’ according to an unnamed Chinese official. I would certainly view this as a compliment to the effectiveness of a well-designed FIT. Perhaps the Chinese realized that their solar manufacturing base was not in place to address this potentially explosive market? In 2011 the Chinese implemented a FIT program, their domestic market is now booming and coincidentally, Chinese solar manufacturing has scaled up to the point where they can address this huge market without the help of imports.”

Full article: http://www.renewableenergyworld.com/rea/news/article/2011...

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