Green Options

There’s no question that China is a force to be reckoned with in the solar industry. The country is the largest silicon-based solar-cell producer in the world, with Chinese and Taiwanese production accounting for 39 percent of global production last year, compared with 28 percent from Europe, according to a report the Worldwatch Institute released last week.

But while China had long been considered a potential game-changer in solar, companies’ growth had previously been slowed by a silicon shortage that hit newcomers more dramatically than incumbents. Even so, Chinese manufacturers overtook German and Japanese companies in 2007. Now that plenty of silicon is available, could the country’s dominance grow even larger? Or will some Chinese manufacturers struggle to differentiate themselves and suffer more than the rest of the market during an oversupply of panels?

At a cleantech panel about business opportunities running up to the 2012 Olympics in London, Dallas Kachan, managing director for the Cleantech Group, said that the second quarter “looks a lot like the first quarter” for cleantech investing so far.

In other words, it’s still down from last year, but deals are still happening and money is still available, he said. “The amount of investment is not continuing to plummet; it’s stable,” Kachan said. “Some might say we’ve reached bottom.”

Think of the Czech Republic and you’re more likely to think of beer, castles or Kafka than solar power. But the Eastern European country is one of the world’s fastest-growing markets, says Jenny Chase, a senior associate with London-based research firm New Energy Finance.

The country installed 50.8 megawatts of solar power last year, up dramatically from only 3 megawatts in 2007, she says. The bulk of that capacity — 31.5 megawatts — got installed in December, which represented more than fivefold growth from the 5.81 megawatts installed in November.