Quote from: AnonyMint on September 05, 2014, 05:31:38 AM

Again I repeat, China's Solar Debacle.

It doesn't matter that solar is 0.1% of installed capacity. Their push for solar started only a few years ago, and they have 5 more years to reach their stated goal of 100 GW by 2020.

Quote

Beijing and Zurich, 23 January 2014 Chinas solar developers installed a record 12GW of photovoltaic projects in 2013, and a booming market at the very end of the year may even have pushed installations up to 14GW. No country has ever added more than 8GW of solar power in a single year prior to 2013, and Chinas record outstripped even the most optimistic forecasts of 12 months ago.

http://about.bnef.com/press-releases/chinas-12gw-solar-market-outstripped-all-expectations-in-2013/

They're now targeting another 14 GW by end of this year, or 50% of all installed solar capacity in the world. More recent quote from today/yesterday:

Quote

J.P. Morgan is bullish on solar outlook, saying PV solar demand could grow more than 20% this year.
Demand in developing markets seems to be accelerating, according to analysts Paul Coster, Mark Strouse and Paul J Chung:
China is emerging as the leading end-market for PV solar owing to ongoing need for clean energy.

http://blogs.barrons.com/asiastocks/2014/09/04/china-solar-2h-should-be-strong-says-jpmorgan/

It's ok to admit you're wrong, and you don't even have to call people socialist, tree hugging malthusians when you do, just fyi.