NewEnergyNews: Cheap China Solar Still Pushing Global Market

NewEnergyNews

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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

  • ORIGINAL REPORTING: Organizing California’s Distributed Energy Efforts
  • ORIGINAL REPORTING: A Deep Look At Evolving U.S. Efforts To Support Solar
  • THE DAY BEFORE

  • TODAY’S STUDY: Big Growth In Customer-Sited Wind
  • QUICK NEWS, August 15: New Forest To Offset Bad U.S. Climate Policies Has 120,000 Pledges; Wind Becoming The Go-To Power; 88,000 Jobs And The Fight Over Solar Imports
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: The Work On Tomorrow’s Grid So Far
  • QUICK NEWS, August 14: Climate Is The Elephant In The Room; Long-Term, NatGas Is Not The Answer; Why Wind Is Such A Good Choice
  • THE DAY BEFORE THAT

  • Weekend Video: Al Gore Talks With Bill Maher
  • Weekend Video: The U.S. Celebrates Its First National Wind Week
  • Weekend Video: Wind Is Just Beginning To Show Its Power
  • AND THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Five Countries Leading The Climate Fight
  • FRIDAY WORLD HEADLINE-Global Wind Spend To Soar
  • FRIDAY WORLD HEADLINE-Pakistan’s Global View On Solar
  • FRIDAY WORLD HEADLINE-Denmark Trial Proves EVs Can Support The Grid
  • THE LAST DAY UP HERE

    THINGS-TO-THINK-ABOUT THURSDAY, August 10:

  • TTTA Thursday-Why Greenland Burning Is Cause For Fear
  • TTTA Thursday-Wind Power Booming
  • TTTA Thursday-IKEA To Offer Solar
  • TTTA Thursday-EV Growth Ready To Explode
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    Founding Editor Herman K. Trabish

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    Research Associate and Contributing Editor Jessica R. Wunder

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    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

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  • THINGS-TO-THINK-ABOUT THURSDAY, August 17:

  • Is The White House Hiding DOE’s Grid Study?
  • Will The White House Hide The Climate Report?
  • Crucial Transmission Line For Wind Denied
  • Wind And Solar Are Saving Lives

    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

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