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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