Positive currents from SPI
Sentiment from downstream utility and residential solar companies at SPI was extremely positive. One would never know that China’s demand imploded and the U.S. imposed solar trade tariffs.
Despite fears that tariffs would decimate the U.S. solar industry, the industry continues to grow, thanks in part to the China 31/5 policy shift and resulting massive oversupply. Solar projects for 2019 and 2020 are penciling out at or near natural gas prices and utilities and major corporations continue to secure solar. U.S. demand drivers …
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