The Sun Is Setting On Solar Energy
The global solar energy industry is dying a slow death. The industry which held such high hopes, and in which so many countries invested in recent years, is finding itself in a process of decline.
In the last decade Western governments invested hundreds of billions of dollars in subsidies and grants to develop the solar industry. Their basic assumption was that while this investment would demand great resources, returns would soon eclipse initial costs and the result would be economically viable for both country and consumer.