In a previous post I had shown that nearly all big international solar giants are doing very badly and are close to bankcruptcy with their share prices hovering close to zero. I was wondering why the governments do not help them out and provide further incentives for consumers to buy solar panels that should be available much more cheaply now. And I was also suggesting that the solar industry is at a cross-road and was wondering what will happen next. In case you also wondered about this, here are some news:
China is buying tons of solar panels from its nearly bankcrupt solar giants.
Hard to understand why the EU does not do something similar in order to meet/exceed emission targets AND move away from austerity at the same time AND save its failing solar giants which it subsidised for so long only to allow them go bankcrupt eventually… Someone tell me what is going on and why subsidising these companies now does not make sense?