Sweltering temperatures and a ton of sun aren’t enough to make this a good year for solar, with Goldman Sachs chiming in—again—with a dismal prediction: Global solar installations will decline by 24 percent this year, the analysts say. It’s not the first time this year that Goldman has come out with a negative picture for solar. And Goldman isn’t alone, even if it is throwing around the worst numbers. (Credit Suisse is forecasting a 17-percent decline, while Bloomberg NEF is anticipating a 3-percent decline). If Goldman is right, it will be the first real solar market contraction, and China is making the biggest dent in demand because it took 20 gigawatts of projects offline in May, sending global installations down to 75 gigawatts from 99 gigawatts last year, Bloomberg reported , citing Goldman Sachs analyst Brian Lee. “Lowering our coverage view to cautious, we believe oversupply is set to […]