China sells German solar manufacturers – start-ups take over production. China accounts for 80 percent of all photovoltaic production worldwide.
The solar industry is reeling from the flood of Chinese products. The government is also pumping a lot of money into the sector, and reports of forced labor have been making the rounds recently. The companies agree that there has to be some reaction from some punitive politics. However, it is not clear what it will look like in India, where there has not been punitive politics yet.