Last week Goldman Sachs ruined the mood of many in the solar industry—at least of those who pay attention to investment bank forecasts—by projecting that the solar panel market will shrink this year by 24 percent . It’s not the only negative forecast either, which is understandable given the latest major developments in the sector. However, the market may be getting carried away with just how much suffering the solar industry will face. Before Goldman Sachs slapped the solar industry with its forecast of 24-percent fewer installations this year, Bloomberg New Energy Finance and Credit Suisse warned of a decline in the solar market after China suspended approvals for new installations due to the weight of payments it already needs to make for current solar farms and, of course, after the Trump administration slapped a 25-percent import tariff on Chinese-made PV panels. BNEF predicted that the solar market will […]