Grid parity of solar power can be achieved in several countries by 2013

The second half of 2009 was when the demand began to return. To prevent overheating, the German government adjusted their incentive programs accordingly. After numerous cuts, the market stabilized. The former heavily-subsidized countries such as France and the Czech Republic also made huge cuts to the incentive programs, according to Liao.

"Currently in 2011, the two biggest solar energy markets in the world, Germany and Italy, both decided to continue making cuts to the subsidies, and the challenges of the solar power market will grow annually, I think" Liao indicated.

Despite the tough years to come, Liao added, 2013 is expected to be the year when everything will turn well as markets such as Japan, Germany, Italy, the Netherlands, Spain and the UK achieve grid parity. Subsidy would not be needed by the solar energy industry; the government can propose policies such as part of the electricity generated must be from renewable energy sources, Liao commented. According to Liao, Taiwan-based solar companies should focus on riding out the tough waves to 2013.