The End of a Solar Era: The Legacy of the California Solar Initiative 0

520-cali-solar-installOver the last decade, most of the leading solar markets around the world have faced some kind of dramatic slowdown or freeze after starting out strong.

Germany, Greece, Italy, Spain, Ukraine, and the Czech Republic have all had to suddenly adjust or eliminate incentive programs in recent years due to a frenzy of activity. In some cases, as in Spain and the Czech Republic, the solar industry virtually disappeared overnight after feed-in tariffs were retroactively rolled back.

American states such as Massachusetts, Pennsylvania and New Jersey have also gone through their own boom-bust cycles as incentive programs were changed, or tradable credit markets collapsed.

And then there’s California, which has had a much different experience.

 

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