Chinese Solar To Rule The World With Massive Chinese Stimulus

By Seeking Alpha:

Last September, we asked the question: when will China become serious about domestic solar energy production? Up until now, China has played what can only be considered a smart game in the solar energy space. The technology was still expensive, much more so than most other domestic sources, so what it did is let its solar companies export and ride the wave of foreign (mostly German) subsidies.

That allowed Chinese solar companies to expand with amazing speed, moving from just about zero to over 50% of the solar production in less than a decade. It allowed the top Chinese solar companies to gain big economies of scale and learning, which allowed these companies to become world beaters (having access to cheap capital and labor certainly didn’t hurt either)… Read more

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