"The country's solar panel industry, which went from zero to become the world's largest in five years, has crashed. To save the renewables industry, and to save face, China’s central planners have changed tack. The state is now switching from subsidizing suppliers to subsidizing demand by mandating local power producers to meet green targets in the domestic market. With a market the size of China’s, and the power of government fiat to force Chinese consumers to buy solar, this industry-on-life-support may yet be resuscitated. " (Quoted from article)