With time and patience
China: With time and patience the mulberry leaf becomes a silk gown, says a Chinese proverb. Investing in China indeed seems to require a great deal of patience, but it is still not clear how the country wants to develop its domestic PV market. What should foreign investors be prepared for? And to what extent can the wind industry serve as a guide?
At the IPVSEE conference in late September 2010, held in Beijing, Mr. Zhang Jie, Vice Chairman of the Energy Department & Research Center of the China Investment Association, cautioned that “this was not the right time for foreign companies to enter the Chinese solar energy market, at least in the area of large-scale PV power …
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