Although China is by far the world’s largest market for solar energy, the country’s distributed-generation (DG) solar market has regularly undershot Beijing’s expectations over the past few years. “The main bottleneck is financing,” Peng tells Recharge.
“For an individual or a factory, it still takes a lot of money to invest in a [PV] solution,” he says. “You need at least six … and sometimes more than 10 years to get paid back.”
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