In The New York Times on Thursday, I write about a report from Bloomberg New Energy Finance that shows China has become the dominant solar module supplier in the huge California market:
China’s rise as a major solar module maker has been meteoric, but perhaps nowhere has its ascension been faster than in California, the United States’ largest solar market.
The Chinese company Yingli Solar has captured 27 percent of California’s solar market, according to a preliminary report.
Over the last three years, China’s share of the California market, in terms of supplied megawatts, has risen to 46 percent, from 2 percent, according to a preliminary report by Bloomberg New Energy Finance, a research and consulting firm.
At the same time, the share supplied in California by American companies has declined to 16 percent, from 43 percent.
“The ascendancy of Chinese manufacturers would be noteworthy regardless of market conditions, but is particularly telling in a time when purse-strings are still tight,” the report said.
At the beginning of 2009, Chinese solar companies supplied 21 percent of the market; by year’s end their stake had more than doubled.
You can read the rest of the story here.