Analysis: ‘The global solar power industry is in crisis. The industry blames widespread national subsidy cuts & over productivity; China, in particular, being widely vilified’
'Commercial scale solar energy remains a non-viable proposition' -- 'Govt incentive schemes have created a glut of suppliers that capitalist free market would never have sanctioned...Given enormous govt subsidies there was literally no incentive to slow production down. In game of who could sustain massive public subsidy longest, cash-rich China clearly won. But the sun looks to be setting on China's solar industry, too'
