The best laid plans…
China’s mid-2018 bombshell announcement concerning its domestic solar program changed overnight the trajectory of the global solar industry, and this is not hyperbole. To recap, changes included temporarily halting utility-scale deployment, lowering the FIT, shifting economic responsibility to the provincial governments, and, in a related move, attempting (one more time) to control the country’s debt problem.
Late in 2018, China’s central government announced, with no real details, that a new incentive (or at least encouragement) program would be put in place in mid-2019.Despite lacking any detail, the indication of continued support caused the entire PV industry, including observers and pundits, to finally exhale and begin ramping optimism and forecasts, though not …
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