But for the global solar industry, it is hard not to feel mixed emotions about this week’s announcement that China will install a fiery 10GW of solar in 2013 – up from 7GW of cumulative capacity at the end of last year.
That’s because it is hard to differentiate between China’s laudable desire to boost its renewables base and the unhealthy urge to keep its ailing solar giants limping along until some unspecified future when, presumably, it believes they can all return to profitability.
The truth is, they can’t.
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