1. Home
  2. Tag "China’s Solar Bailout Won’t Counter Global Glut: Credit Suisse"

China’s Solar Bailout Won’t Counter Global Glut: Credit Suisse

China’s proposal to increase its solar energy target to as much as 270 gigawatts by 2020 won’t be enough to erase the worldwide panel glut that’s crippling prices, according to analysts at Credit Suisse Group AG. “We forecast that the country needs a 300-350GW by 2020 target to fully absorb new manufacturing capacity planned in […]

New Zealand Commits $25 Million for ADB’s Energy Transition Mechanism – EQ