NewEnergyNews: Cheap China Solar Still Pushing Global Market

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-The World Takes Climate Change To Court
  • FRIDAY WORLD HEADLINE-Corporate New Energy Push Now In 75 Countries
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, May 24:

  • TTTA Thursday-Climate Change Goes To Court
  • TTTA Thursday-New Energy Now Beats The Market
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Hawaii Leads New Energy Again With Solar Breakthrough
  • ORIGINAL REPORTING: Grid Modernization Accelerates
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: New Numbers Show Grid Modernization Gaining
  • NO QUICK NEWS TODAY, DUE TO TECHNICAL PROBLEMS CAUSED BY A MICROSOFT UPDATE. GRRR…
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: A Defense Of Rooftop Solar
  • QUICK NEWS, May 21: Stop Climate Change To Save “Tens Of Thousands” Species; Willing To Pay For New Energy; Lawmakers, Regulators Working To Grow EVs
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, May 26-27:

  • Solar For Everybody Else
  • What Ocean Wind Really Means
  • The Real Jurassic Park

    Friday, August 12, 2016

    Cheap China Solar Still Pushing Global Market

    U.S. Solar Industry Has a Problem, And It's Not Tax Credits: It's China; Solar panel maker SunPower blamed tax incentives for its early 2016 troubles this week, but the U.S. industry faces a much bigger obstacle in the next 2 years.

    Tom Terrarosa, August 12, 2016 (The Street)

    “…[S]olar panel manufacturer SunPower (SPWR) sent shock waves through the industry this week when it said it would be deep in the red at year's end…[It had] expected to break even or profit as much as $50 million in 2016…[Its stock crashed 30% and the stocks of First Solar (FSLR) , SolarEdge Technologies (SEDG) and Canadian Solar(CSIQ) closed down between 3.5% and 10% before gaining back some of the loss]…Though part of the problem is a shift in production caused by tax credit extensions but global solar] companies face a larger issue in 2016: China…German solar equipment maker SMA Solar [is shutting] down production sites in Denver and Cape Town, South Africa due to pricing pressure caused by Chinese competitors…China's second half solar demand has fallen off a cliff…[so it will ship more] to the U.S. in the second half…That's bad news for U.S. solar panel manufacturers like SunPower and First Solar, who will have to compete on lower prices…[T]he U.S. has typically fought off this oversupply with taxes on exports from these Chinese solar companies…[but China is circumventing U.S. tariffs by shipping from offshore factories]…SunPower appears to combating this momentum by moving its supply closer to end-markets to cut costs…” click here for more

    IFTTT Recipe: Share new blog posts to Facebook connects blogger to facebook

    0 Comments:

    Post a Comment

    << Home