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Global solar and wind installations have reached one trillion watts (1 terawatt) in capacity, recently released BloombergNEF (New Energy Finance) analysis shows.

The big picture: This milestone accounted for installations that have occurred over the past 40 years, with 90{0b7da518931e2dc7f5435818fa9adcc81ac764ac1dff918ce2cdfc05099e9974} having been installed within the past 10 years. Product and installation costs for wind and solar energy have fallen significantly since the 1970s, in part because of innovations in technology, integration and access.

Wind power installations accounted for 54{0b7da518931e2dc7f5435818fa9adcc81ac764ac1dff918ce2cdfc05099e9974} of the total. However, solar is expected to overcome wind by 2020, owing in part to reduced costs of solar panels and energy storage systems. China has 1.1 trillion watts of solar installations planned by 2050.

The report credits Germany’s efforts to redesign the energy market through its Renewable Energy Sources Act in the early 2000s as a key factor that increased renewable energy adoption. Solar and wind were previously thought to be too risky for investment, but the act promoted the development of renewables while making the financial considerations more transparent to potential investors.

Coupled with energy storage deployments, solar and wind have provided better access to generated capacity, which utilities are increasingly incorporating into their business model to as a way of maintaining grid stability.

What’s next: BloombergNEF estimates that the second terawatt target may be achieved by 2023 thanks to falling energy storage and installation costs. Estimated investment costs to hit this next milestone are $1.23 trillion, almost half of the $2.3 trillion needed to hit the first terawatt.

Maggie Teliska is a technical specialist at Caldwell Intellectual Property, an intellectual property law firm. She is also a member of GLG, a platform connecting businesses with industry experts.

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Two white papers issued by state regulators call for modifying the Value of Distributed Energy Resources calculation and increasing credits available for community solar projects. SEIA describes this as “forward progress”.

Through the Reforming the Energy Vision (REV) process, New York has been on the forefront of reconfiguring the market structure of its distribution grid to adapt to 21st-century realities. However, sometimes it is difficult to be first.

REV has dragged on for years with little to show in the way of concrete policy changes. Worse, one of the process’ few accomplishments – the Value of Distributed Energy Resources (VDER) ruling – has been criticized by solar advocates for offering unworkably low prices, which has led to legislative efforts to return community solar to net metering.

New York has begun making steps to address the concerns made by advocates. In late July the state’s Department of Public Service (DPS) issued two white papers to address the calculation of compensation, both in terms of modifying the VDER value stack and increasing the market transition credit (MTC) for community solar projects.

The first white paper calls for modification to the calculation of the demand reduction value (DRV), a portion of the VDER value stack which Solar Energy Industries Association (SEIA) describes as “broken”, among other changes. The paper itself appears to recognize this, stating that both the DRV and Locational System Relief Value – another component of the VDER stack – lack the “the necessary certainty and predictability to structure projects in VDER.”

However, this paper is in the “pre-proposal” stage, which means that it is merely a solicitation of comments while regulators prepare another paper for formal notice. This translates to no action on this matter until the end of 2018, at the earliest. Solar Energy Industries Association (SEIA) describes this as “a very long fuse for much needed changes to the tariff.”

The second paper proposes faster relief, by calling for the reallocation of community solar projects to higher values in the service area of three utilities, and increasing the Market Transition Credit (MTC) value in Con Edison’s territory.

“Upon initial analysis, many of these values would appear to drive significant new solar development, but there are questions about whether the modest increases in NYSEG are sufficient and whether there is additional opportunity to expand solar access in Central Hudson,” notes SEIA.

The organization described the combination of measures proposed as “forward progress”, but also noted that they are temporary stop-gaps.

There is still significantly more work to do to achieve Governor Cuomo’s goal of ensuring all New Yorkers “regardless of their zip code or income have the opportunity to access clean and affordable power.” These improvements (if adopted) would provide temporary stop-gap measures to allow certain solar projects in the Upstate region to continue moving forward. However, without further, urgent action, many investments in solar projects currently under development will not move forward, jeopardizing jobs and the state’s climate and clean energy goals.

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The Solar Energy Industries Association has let go of Executive Vice President and counsel Tom Kimbis and VP of Federal Affairs Christopher Mansour. Abigail Ross Hopper, SEIA’s president and CEO, told SolarWakeup that revisions to the organization’s strategic vision required a realignment of resources, although Mansour would be replaced.

“We have nothing but positive things to say about Tom and Christopher, and we wish them well in the future endeavors,” Hopper told SolarWakeup. “Their service to SEIA is well known, and we couldn’t have accomplished what we have without them.”

With the Section 201 solar trade case finished for now, SEIA is shifting priorities and resources to other issues, including state policy battles and regional transmission grid issues.

“I’m looking forward to the next great leadership experience in renewable energy. It’s been 18 years working in solar in renewables from Washiington, D.C. I am considering all the possibilities available and targeting an opportunity that allows me to use my creativity, leadership and stakeholder engagement expertise,” Tom Kimbis, who previously served as SEIA’s interim CEO, told Greentech Media. “It’s been an incredible ride at both Dept. of Energy and SEIA, one that’s prepared me step up to meet the next challenge.”

SEIA also just added PetersenDean to its board of directors.

Nick Stavropoulos has announced his retirement from the role of president and COO of PG&E at the end of September. He will also be leaving the board of directors. The board has not announced a succession plan.

Former NextLight/First Solar alums have set up shop as Candela Renewables. Candela is an independent developer of utility-scale solar and storage projects, bringing together some old-school expertise (by solar industry standards). Brian Kunz is at the helm as CEO, while co-founder Nik Novograd will serve as CFO. And in case you missed it eight years ago, here’s our coverage of First Solar’s NextLight acquisition.

Vic Shao, co-founder of Green Charge, which was acquired by Engie in 2016, has founded Amply Power, which is in the business of “autonomous power” and charging for autonomous vehicles, in particular, according to a trademark filing.

Mastercard has brought sustainability to the c-suite with Kristina Kloberdanz as its first chief sustainability officer. She joined Mastercard a year ago as VP of corporate sustainability and was at IBM previously. Mastercard has various sustainability initiatives but has not invested as much as some other financial firms in terms of renewables. For instance, Visa announced its commitment to 100 percent renewables across its global operations by the end of 2019 as part of the RE100 initiative.  

In the world of wind, AWEA has tapped Jennifer Jenkins to be director of its new distributed wind program. She has deep knowledge of this corner of the wind sector, as she was previously the executive director of the Distributed Wind Energy Association.

Global infrastructure investment firm Rubicon Infrastructure has brought on Tom Weirich as director of global marketing. He was previously director of marketing and business development at CohnReznick Capital. The company is expanding, with new offices coming across the globe and an expanding North American team.

And it wouldn’t be a jobs column these days without a Tesla executive move. Greg Callman, who was global director of business development for Tesla, is now global head of energy technology at Macquarie Capital.

Enertech Search Partners, a boutique talent acquisition and advisory firm focused exclusively on the intersection of the new energy economy and connected industries, is the sponsor of the GTM jobs column.

Among its many active searches, Enertech has been exclusively engaged to find a Head of Sales for a client who is disrupting the way energy efficiency is designed and delivered to utilities as well as small and medium-sized enterprises.

This is an opportunity to join a team of founders who have established the company’s industry-leading position and who are recognized as thought-leaders and subject matter experts defining “the field of play” in this market.

The Head of Sales is responsible for managing both a direct and indirect sales organization in a fast-paced sales environment; it requires demonstrated sales success including enterprise level sales and channel development with a desire to build and lead a sales team capable of establishing a leading position in an emerging and rapidly growing market.

If you have a track record scaling national sales teams in renewable energy or energy efficiency products and services using both direct and channel approaches, please connect with Enertech Search Partners.

***

Blockchain platform developer Energy Web Foundation has hired Hervé Touati as its first CEO. Touati was formerly leading the connected energy team at Shell and also served as managing director at the Rocky Mountain Institute. EWF has also hired Jesse Morris, former principal at RMI, as its CCO and Raffaella Piraino, previously CFO of MET International AG, as its CFO.

EPC Swinerton Renewable Energy has brought on Craig Horne to spearhead its energy storage business for utility and C&I. He was previously at Renewable Energy Systems and is chair of the Energy Storage Association.

Ross Comeaux has left Deutsche Bank as director of power and utilities investment to join NextEra as senior director of corporate development.

Vivint Solar has promoted Jeremy Sabin to vice president of human capital, according to Solar Industry magazine. The move comes after a former employee fired a lawsuit alleging racial harassment.

Investment firm G2VP, which focuses on the digitization of industries, has added Sharon Ji to its venture investor team. She was previously at TPG Capital.

Neil Morris will lead the Faraday Institution, a U.K. government-backed initiative to promote the domestic battery industry. Morris is a former BP executive. The Faraday Institution should not be confused with the Scottish startup Faraday Grid, which is developing technology to improve power quality and reduce losses on distribution networks.

Navigant Consulting has brought on slew of new senior hires in their energy practice, including Ed Batalla, Mark Henderson, Lon Huber and Maurits Ornstein.

Pay-as-you-go solar provider Azuri has hired Steve Haigh as VP of software and services as the off-grid solar company scales up in Africa.

***

Please send clean energy jobs moves to tips@greentechmedia.

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Sunlight Financial, a technology-enabled finance company providing point-of-sale financing solutions for home improvements, Palmetto Clean Technology, a clean technology company that develops and installs energy saving clean technology products for homeowners, and the Renewable Energy Transition Initiative (RETI), a nonprofit that aims to create sustainable communities, today announce the creation of Project Sundrop. Through the new initiative, Sunlight will finance and Palmetto will at no cost install rooftop solar systems for Charlotte families that meet RETI’s selection criteria. The first installation will take place on August 7, starting at 10 a.m. in the North End Community of Charlotte, North Carolina.

“RETI is excited to partner with Sunlight and Palmetto to launch Project Sundrop,” said founder and executive director DeAndrea Salvador. “Together, we’ll help Charlotte families with high energy burdens save their hard-earned dollars and protect our environment.”

RETI looked to the North End Smart Homes Kick Start participants, who had previously received energy education and training. RETI believes that education about conserving energy and energy efficiency are building blocks of home energy savings and is an important first step before installing rooftop solar. RETI worked with the community to select a homeowner with a high energy burden and whose rooftop met the eligibility requirements and would allow for the greatest amount of energy to be produced.

“I am so excited that my house was chosen for solar panels and it will help me reduce the expenses of my energy bills,” said Sharon, “And the money saved will be used to help my children with their education and other household expenses.”

Since January, Sunlight and Palmetto have partnered to help hundreds of homeowners in and beyond the Carolinas transition to a clean energy future through the installation of home solar systems financed by simple, easy-to-understand consumer loans. Project Sundrop deepens the companies’ partnership.

“Sunlight Financial is committed to supporting our Queen City community,” said CEO Matt Potere. “We’re excited to partner with Palmetto and RETI on Project Sundrop and proud to donate our first system to a very worthy family.”

“Palmetto is a mission-oriented company and grew out of our commitment for the betterment of the environment, economy and community,” said CEO Chris Kemper. “Solar energy should be available to all, including the less economically well off. We’re delighted to launch Project Sundrop, and anticipate collaborating with Sunlight and RETI to help numerous Charlotte families for years to come.”

News item from Sunlight Financial

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Welcome back to the second half of our two-part article about company energy policies when it comes to on-grid net-metering. Last time we talked about the real costs associated with connecting your solar panels to the grid; and how energy companies control what you earn back per watt-hour. And how it’s not always actually equally balanced with what you pay them for power. We also discussed how solar credit policy is changing in Nevada, — not for the benefit of private solar panel owners. Let’s pick up where we left off at Florida’s recent policy decisions on solar crediting.

Florida Dodges the Bullet

Around the same time, Florida was facing a utility-funded amendment that would give their energy companies similar freedom to penalize solar panel owners, paired with the juicy offer of allowing solar panel leasing in the state which had previously been prohibited. Fortunately, voters dodged that bullet and chose to support another amendment providing a tax credit for solar panel owners instead. This is good news; it’s also evidence that the utility companies are on the defensive. They aren’t going to stop looking for ways to get their monopoly back from independent solar panel users.

These two incidents together begin to form a pattern; it shows that solar supporters need to be on the lookout. Specifically, for more sneaky bills, amendments, and solar credit policy changes. These changes might significantly change the financial landscape to favor the energy companies; rather than incentivize or even fairly compensate renewable energy generation.

Solar Credit Policy and the Micro-Grid Alternative

Among the problems between energy companies and solar power, there is actually an interesting alternative for businesses and communities. Rather than relying on or even working with the public power grid, your business or community can build your own micro-grid and simply share your solar power through this method.

The micro-grid can still connect to the main grid for emergencies. But why not pool your renewable resources in a way that keeps all that solar wear and tear off the power company’s precious wires and still allows you to benefit from it. Combined with a few big batteries for rainy days, your power solution becomes more robust, versatile, sustainable, and affordable; rather than simply relying on the grid and sharing your solar bounty with the power company.

Lessons Learned

If you do live on the main grid with a few solar panels, it’s worth your while to keep an eye on local solar credit policy. The utility companies in most states have been cool so far. But at any moment, they might decide the costs are too high; they’d pay for an amendment or solar credit policy change which will turn the tables in their favor. It’s up to the solar community to prevent these changes; to keep the country moving forward to renewable energy solutions rather than backward into the fossil fuel monopoly.

Talk to your friends about local solar credit policy. If you live among many other solar owners, talk to your neighbors about building a micro-grid for the neighborhood. You can all share solar energy without inconveniencing your local power company. Make sure you are familiar with the laws, regulations, and taxes (or tax breaks) in your state before making a decision on where, when, and how to invest in solar panels. In many cases, a micro-grid will provide you with a more robust sustainable energy solution, especially when combined with a bank of batteries big enough to ride your business through a public-grid power outage.

There are many forms of energy efficiency, from turning off lights to installing solar panels and every business is deciding for themselves based on budget and opportunity how far to go. For more information about the right energy efficiency solutions for your business, contact us today!

The post Watch Out for Solar Credit Policy Changes that Favor Energy Companies (Part 2) appeared first on Energy Optimizers, USA.

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Aug


solar credit policy

Welcome back to the second half of our two-part article about company energy policies when it comes to on-grid net-metering. Last time we talked about the real costs associated with connecting your solar panels to the grid; and how energy companies control what you earn back per watt-hour. And how it’s not always actually equally balanced with what you pay them for power. We also discussed how solar credit policy is changing in Nevada, — not for the benefit of private solar panel owners. Let’s pick up where we left off at Florida’s recent policy decisions on solar crediting.

Florida Dodges the Bullet

Around the same time, Florida was facing a utility-funded amendment that would give their energy companies similar freedom to penalize solar panel owners, paired with the juicy offer of allowing solar panel leasing in the state which had previously been prohibited. Fortunately, voters dodged that bullet and chose to support another amendment providing a tax credit for solar panel owners instead. This is good news; it’s also evidence that the utility companies are on the defensive. They aren’t going to stop looking for ways to get their monopoly back from independent solar panel users.

These two incidents together begin to form a pattern; it shows that solar supporters need to be on the lookout. Specifically, for more sneaky bills, amendments, and solar credit policy changes. These changes might significantly change the financial landscape to favor the energy companies; rather than incentivize or even fairly compensate renewable energy generation.

Solar Credit Policy and the Micro-Grid Alternative

Among the problems between energy companies and solar power, there is actually an interesting alternative for businesses and communities. Rather than relying on or even working with the public power grid, your business or community can build your own micro-grid and simply share your solar power through this method.

The micro-grid can still connect to the main grid for emergencies. But why not pool your renewable resources in a way that keeps all that solar wear and tear off the power company’s precious wires and still allows you to benefit from it. Combined with a few big batteries for rainy days, your power solution becomes more robust, versatile, sustainable, and affordable; rather than simply relying on the grid and sharing your solar bounty with the power company.

Lessons Learned

If you do live on the main grid with a few solar panels, it’s worth your while to keep an eye on local solar credit policy. The utility companies in most states have been cool so far. But at any moment, they might decide the costs are too high; they’d pay for an amendment or solar credit policy change which will turn the tables in their favor. It’s up to the solar community to prevent these changes; to keep the country moving forward to renewable energy solutions rather than backward into the fossil fuel monopoly.

Talk to your friends about local solar credit policy. If you live among many other solar owners, talk to your neighbors about building a micro-grid for the neighborhood. You can all share solar energy without inconveniencing your local power company. Make sure you are familiar with the laws, regulations, and taxes (or tax breaks) in your state before making a decision on where, when, and how to invest in solar panels. In many cases, a micro-grid will provide you with a more robust sustainable energy solution, especially when combined with a bank of batteries big enough to ride your business through a public-grid power outage.

There are many forms of energy efficiency, from turning off lights to installing solar panels and every business is deciding for themselves based on budget and opportunity how far to go. For more information about the right energy efficiency solutions for your business, contact us today!


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Vivint Solar Inc., a full-service residential solar provider, has announced plans to expand the availability of its residential solar energy systems into Illinois.

Services will initially begin in the Greater Chicago area, marking the company’s first expansion into the Midwest region. Vivint Solar also plans to create over 100 jobs in the state within the year.

“With a supportive regulatory environment and broad enthusiasm toward clean energy, Illinois is a very promising market for rooftop solar,” says David Bywater, CEO of Vivint Solar. “In particular, we are thrilled to begin operations in Chicago, the largest metropolitan area in the U.S. where we did not yet have a presence. We believe this state has tremendous potential to become a strong clean energy hub, and we look forward to helping residents embrace solar energy and enjoy greater control over their electricity costs.”

Through Vivint Solar, residents will be able to purchase a system from the company outright, lease a system or finance the purchase with monthly payments through one of Vivint Solar’s partnership institutions (or through their preferred lender). Customers will also be eligible to apply for applicable utility-sponsored rebates and federal tax credits. Illinois residents who install solar energy systems can interconnect to the grid under traditional net metering, the company notes.

Vivint Solar currently operates in 22 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, New York, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Vermont and Virginia.

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Currently, more than half of the states in the country have strong renewable energy policies called Renewable Portfolio Standards. These policies combined have created a huge boon for the wind and solar industries. Maryland is among the states with an RPS, which does, admittedly, have its flaws, as the Baltimore Sun editorial board pointed out (“Maryland’s green-wash,” July 31). These flaws should certainly be addressed.

However, our state RPS as a whole is an essential tool for clean energy in Maryland, so I hope no one suggests repealing this program as a whole. Completely overturning the existing RPS structure, which has proven to be highly effective at getting new wind and solar projects built, would be catastrophic to the existing clean energy sector. Expanding the RPS, which a large coalition aims to do through the Clean Energy Jobs Act, would bring almost exclusively new wind and solar energy — not the dirty energy that the editorial board fears.

As for the flaws in our current standard, the coalition behind the Clean Energy Jobs Act takes aim at just that, starting with removing incentives for waste incineration. The Clean Energy Jobs Act also includes carve-outs for solar and offshore wind, which would help these industries get off the ground and become important sources of new clean energy jobs. It’s worth pointing out that the solar and wind industries themselves support the Clean Energy Jobs Act, which would double the RPS. Why would they back a policy that pays only “lip-service” to the renewable energy industry, as the editorial board claims?

Criticisms of RPS policies often fail to look at the big picture. The dozens of states with renewable standards have worked together to create a large market for renewable energy in the country and as they expand, wind and solar power will need to dramatically expand as well in order to serve demand. This will mean an even bigger resurgence in clean energy, setting the stage to achieve 100 percent renewable energy.

This is the future I hope to see in Maryland.

Johanna Wermers, Rockville

Send letters to the editor to talkback@baltimoresun.com. Please include your name and contact information.

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Huntley Community School District 158 soon will have three of the largest solar panel installations at Illinois public schools.

The district is partnering with California-based Forefront Power to install solar panels with 5.6 megawatts of photovoltaic capacity across its campuses in Algonquin, Huntley and Lake in the Hills. The ground-mounted installations are expected to save the district $4.2 million over 20 years while offsetting 12.3 million pounds of carbon emissions, officials said.

“We have open land on all three of our campuses. We are able to put that to good use with these projects,” District 158 spokesman Dan Armstrong said.

Nationwide, K-12 schools and higher education institutions spend a combined $14 billion on utility costs annually, according to the U.S. Department of Energy.

District 158 pays roughly 11 cents per kilowatt-hour for electricity, and its yearly energy cost is more than $1 million.

Roughly 20 acres will be devoted to the solar arrays. Drawing power from the installations, officials anticipate between 10 percent and 30 percent in savings on energy costs.

The district has invested in a number of energy-efficient projects, including lighting retrofits and green designs for the Huntley High School addition and renovation project completed last year. It has resulted in annual savings of more than $667,000 on energy costs.

Seven of its buildings are certified by the U.S. Environmental Protection Agency’s ENERGY STAR program. On average, ENERGY STAR-certified buildings use 35 percent less energy, cause 35 percent fewer greenhouse gas emissions, and are less expensive to operate.

“On-site solar energy is a natural progression from our energy-efficiency projects and conservation efforts,” Superintendent Scott Rowe said. “Plus, we save money in the process.”

Officials selected Forefront Power through a competitive bidding process. Under a power purchasing agreement, District 158 won’t have to pay any upfront costs for solar grid installation.

The company will design, permit, finance, install and maintain the solar installations for the 20-year term. The project is estimated to cost about $8 million.

District 158 would then pay for the electricity generated by the system at a lower price than its existing utility rate, said David Ganske, Forefront Power director of marketing.

“We recover those costs through a per kilowatt-hour rate over the 20-year term,” Ganske said. “All operations and maintenance is included.”

Forefront would receive federal tax credits for the project and is eligible for Illinois’ Solar Renewable Energy Credits, which allows it to offer electricity at lower rates to schools.

The company has partnered with more than 80 school districts, colleges and universities nationwide, and it is working on a solar installation for Mooseheart Child City and School in Mooseheart — its only other project in Illinois.

The company also offers free solar energy curriculum to partner school districts, implemented once construction begins. Students can observe and analyze system production using a monitoring platform.

Lesson plans are based on Common Core and Next Generation Science Standards. Teachers will be trained on the curriculum through a webinar.

The company must secure approvals from all three villages before construction can begin in spring 2019, Ganske said.

For more information and frequently asked questions about the project, visit district158.org/solar.

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        



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Asia Finance:

China’s solar panel manufacturers must be wondering where the next glimpse of sunshine is going to come from.

As recently as a couple of years ago, the industry was earmarked as a shining example of China’s move up the value chain in technology that would help underpin Beijing’s commitment under the Paris climate accord.

China is the world’s largest manufacturer of solar panels, with a 1.4 million strong workforce in 2017 accounting for 37{0b7da518931e2dc7f5435818fa9adcc81ac764ac1dff918ce2cdfc05099e9974} of global installation, according to the International Renewable Energy Agency.

But in recent months, regulatory manoeuvres at home and abroad have put the industry in sharp decline.

Of particular concern was India’s announcement on July 30 that it would slap a 25{0b7da518931e2dc7f5435818fa9adcc81ac764ac1dff918ce2cdfc05099e9974} tariff on imports of Chinese solar modules in an attempt to protect its domestic industry. That followed hot on the heels of a June 4 decision by the Chinese government to cap the total size of all new solar projects this year at 10 gigawatts (GW) – compared to the total of 19GW of solar capacity installed nationwide last year.

At the same time, Beijing scrapped its feed-in tariffs – the rate developers are paid for solar power sent to the grid putting immediate pressure on companies’ top line.

Most major stocks in the solar industry experienced double digit drops on June 4, with the largest solar player by global shipments, Jinkosolae, falling by around 34{0b7da518931e2dc7f5435818fa9adcc81ac764ac1dff918ce2cdfc05099e9974}, according to data from Bloomberg.

“The name of the game for them is to stay afloat,” one industry insider told FinanceAsia. “That’s why we’ll see (Chinese) panel manufacturers continue to do what it takes to keep their foothold in the all-important Indian market.”

Ironically, it may well be India’s solar plant developers who benefit most from the misfortune of China’s solar manufacturers.

The near-term fall in demand in China and over-production globally has lead to a glut in supply, forcing prices down. With prices at historic lows, this will hurt the margins of Chinese manufacturers, but help the uptake of solar technology, especially in Asia, where electricity demand is rising fast.

And it may well help India reach its 2022 target of 100GW.

More: Clouds gather for China’s solar manufacturers

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