Solar demand promising in long run, but bubble inevitable in near term

  • Solar energy is in the throes of bubble with loads of new entrants striving to take a position in the photovoltaic (PV) industry, especially in the polysilicon supply chain, but this is not going to shake an industry-wide belief about promising demand for renewable energy in the long run, said Chung-Wen Lan, director-general of Industrial Technology Research Institute (ITRI)'s Photovoltaics Technology Center. Lan believes that governments worldwide tend to continue encouraging solar subsidies on the whole, despite the fact two key solar consuming regions, Germany and Spain, may cut incentives.

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