Wood MacKenzie<\/a>\u00a0consulting firm. \u201cWhat seems like a great backlash for the renewables industry in China now, could eventually become an opportunity for improvement and, most importantly, a chance for renewables to finally reach grid parity\u201d \u2014 to become competitive with coal.<\/span><\/p>\nWhen China formed a five-year plan in 2015, its solar producers over-performed and thus created a multi-billion deficit in the program set up to encourage such manufacturing. The removal of the subsidy last June is resulting in higher local prices that will hurt domestic installations. As a result, though, Chinese producers are looking to make up ground in oversea\u2019s markets where the increased competition results in better solar panels at cheaper prices.<\/span><\/p>\n<\/p>","protected":false},"excerpt":{"rendered":"
China\u2019s energy policies may, at first, seem paradoxical: it is shooting for the stars and it is working to have renewable energy start replacing coal-fired electricity. That\u2019s a hard task in a country where coal is now 60% of its electricity base and renewables are 20% \u2014 and poised to be 35% in 2030.\u00a0 Its […]<\/p>\n","protected":false},"author":1,"featured_media":87415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[51,53,49,24649],"tags":[886,46488,67,1009,35038,23416,431,23133,39384,108,34925,35037,23131,46489,24143,35121,34969,46490,27449,34977,26829,508,46491],"views":1252,"_links":{"self":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/87413"}],"collection":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/comments?post=87413"}],"version-history":[{"count":4,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/87413\/revisions"}],"predecessor-version":[{"id":87419,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/87413\/revisions\/87419"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media\/87415"}],"wp:attachment":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media?parent=87413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/categories?post=87413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/tags?post=87413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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China, meantime, is cutting the subsidies it gives to solar panel makers, which has negative implications for the domestic landscape but which has positive ramifications for foreign markets. In fact, shipments to Australia, India and Mexico have skyrocketed, says\u00a0Bloomberg New Energy Finance<\/a>. It adds that Vietnam, Thailand, Argentina, Cuba, Brazil, Ukraine and Kuwait are also prime destinations.<\/span><\/p>\n