Dushi Aijia installed photovoltaic panels but took out a loan

How many photovoltaic projects in China have faulty monitoring instruments?

Two field-testing engineers from different Chinese project certification companies estimated that 80% of photovoltaic projects in China have faulty or wrongly configured monitoring instruments, which can result in either under- or overstating production estimates in acquisition contracts.

What are the different types of private loans for solar installations?

There are several types of private loans for solar installations. The first is a loan from a lender who specializes in solar finance (“solar-specific loan”), which is often offered with the panel installation contract and includes provisions unique to the solar industry.

What are the effects of phasing out subsidies for PV generation?

The abrupt phasing out of subsidies for PV generation has resulted in a rush to construct numerous PV generation projects, leading to an explosive growth in the scale of photovoltaic installations. This phenomenon have negative consequences (i.e., solar rush) in the solar PV market.

Is the solar industry in trouble?

Residential solar representatives dispute the claim that the industry is in trouble; though installations will decline in 2024, the number of homes with rooftop solar will increase from 4 million today to 10 million by 2030, according to Stephanie Bosh, vice president of communications for the Solar Energy Industries Association.

Does a'solar Rush' increase electricity consumption after PV installation?

These findings suggest that households participating in the “solar rush” event may have anticipated higher income by taking advantage of previous generous subsidies, thus promoting or amplifying a larger rebound effect, resulting in increased total electricity consumption after household PV installation.

Is solar energy project development in China still in its primary growth phase?

Solar energy project development in China is still in its primary growth phase. The year 2012 marks the first year of China’s strong scale-up of solar energy capacity. Table 1.1. Growth of wind and solar power in China: capacity and generation. Includes small number of experimental demonstration projects using alternative technologies.