Chinese burn will only make solar stronger

BEIJING: Remember how there was a glut of computer chips in 2008, and then the world stopped using computer chips? Yeah, me neither. That’s a good reason to discount your worries about the effects on solar power from recent policy blows on panel manufacturers by the US and Chinese governments.

The falls in the share prices of some major producers have certainly been dramatic – 43% so far this year for JinkoSolar Holding Co, 20% for Canadian Solar Inc, and 4.4% for Hanwha Q Cells Co. But to date, what hasn’t killed the solar industry has only made it stronger.