Crisis in the Global Solar Market: Oversupply, Plummeting Prices, and Recent Bankruptcies

The global photovoltaic (PV) market is currently grappling with a severe crisis characterized by oversupply, plummeting prices, and widespread financial losses, contrasting sharply with its previous status as a beacon of renewable energy. According to BloombergNEF’s 3Q 2024 Global PV Market Outlook, despite an anticipated 33% increase in installations reaching Read more…

The Role of Regulatory Challenges in the Bankruptcy of Solar Energy Companies: Lessons from Global and Indian Failures

The solar energy industry, celebrated for its promise of delivering a sustainable future, has experienced impressive growth over the past few decades. However, this growth has been coupled with numerous challenges, particularly in the regulatory domain. Regulatory issues have played a significant role in the financial downfall of several solar Read more…