04 Sep '13, 12pm

How Chinese Solar Companies Can Survive a Coming Shakeout #renewableenergy

How Chinese Solar Companies Can Survive a Coming Shakeout #renewableenergy

Lux Research’s report, The Great Shakeout: China’s Path to a Rational Solar Industry , outlines the challenges Chinese solar companies will face during the anticipated consolidation, and suggests likely strategies for survival and success in a post-shakeout solar market. While many smaller companies will go under, the nation’s top-tier companies will survive and thrive in an eventual balanced global solar landscape, the report predicts. Policy Measures China’s government will continue to support its solar sector, upping its domestic capacity target in order to boost local demand and reduce its dependence on foreign markets. But Zhun Ma, Lux Research analyst and the report’s lead author, said the government’s plan to install 35 GW of new solar capacity by 2015 is the upper limit rather than a fixed target. “The 35 GW target is what the government wants to achieve, but it ma...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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