China Gets Serious About Rooftop Solar

Rooftop solar may be drawing fire in the U.S., but China is cool with it. In fact, its National Energy Administration has asked local authorities to increase the amount and funding of small-scale solar users in hopes of hitting this year a national target of 8 gigawatts. In China, that’s a mandate for the masses.

In this case, the mandate “should encourage the development of distributed generation,” a Credit Suisse analyst told Bloomberg last week, decreasing stresses on Chinese solar companies losing sales abroad, thanks to a silly trade war with America and Germany. (Check my solar war explainer for more on that tragicomedy.)