Thank you. Finally I get to hear the word "Chinese Tech Bubble."
The facts & figures we have for US solar companies (cost/quality/tech/etc)are good enough to analyze the solar industry thread by thread and media-flog it. But I am not sure if we have the same kind of info about Chinese solar industry that gives it such a hype.
After the Solyndra's downfall, one can find many articles online on- "faltering steps of US in the domestic solar industry." Good analysis and thorough research.
But I hardly find articles or see anyone discussing, in such detail, about the Chinese Solar Industry. We just hear about the companies leaving US and entering China...and not much after that.
Pretty much everyone talks about the Chinese Govt subsidies in this sector. But this is not the first time Chinese Govt subsidized its products to drive the industry and compete in international markets.
It would be good to know the technological prowess of these companies and the quality of the products.
I await the jury results of yet another Chinese tech bubble forming. The prior results were a lot of hype and the dumping of large amounts of goods of dubious quality. Take for examples exploding ceramic capacitors powered at voltages below rated, cadmium alloy children's toys, lead painted promotional glasses, etc. I hope that in a few years that, if China corners the market for solar panels by such hype and government subsidies, we don't again see why real quality has been a problem there.
I am with you on this, well said. I did not hear any mention of our other 2 domestic players, FSLR and SPWRA each using a different technology and 1 claiming to have broken the $/watt barrier. I suspect they will need continued government help to survive. I am personally not against this and think we need a coherent national energy policy so that these companies can plan.
"EV vehicles, and solar are not competitive with fossil fuel alternatives." So, the govt. subsidizes Solar and EVs, while they subsidice fossil fuels?
Govt. subsidices Tabacco production, and then subsidice efforts to get people to 'stop' smoking?
You see the problem?
I any case, if the chinese govt. wants to subsidize our shift to cleaner power generation more power to them. I say "thank you".
Technology is easy. Economics is reeeeeally hard!
I am not convinced that crystalline material is the most economical way of building solar cells. Yes,the efficiency will be high but the cost will always higher than thin-film poly or amorphous materials...Kris
It seems the government subsidy is necessary to make solar popular. It may not be a good business model but alternative energy is a very tough to beat task when oil price is still comparatively cheap (it has so long history...) so I still think it is necessary for the government to get involve and invest in the infancy stage.
I often wonder if solar is "the way to go" when it seems to require grants/government subsidies. If the technology is promising and can be manufactured then the business VCs will flock to it if there is an advantage. Clearly this was not the case with Solyndra, just one more example of a failed government program (not even going to discuss the "jobs created" -not and the taxpayer monies lost).
BS - if it has heavy automation, China has no advantage apart from its own government subsidies. In fact, bulky things have a disadvantage in China due to shipping costs. Chinese government subsidies, and US government ineptitude, is what's killing solar in the USA.
That said, VC's are guilty of rounding up money for Solyndra to cut their own losses - their own inept investments in something that never should have left the lab.
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.