BMI View: We have revised up our 2013 forecasts for solar energy generation and capacity this quarter to account for a surge in solar projects, while maintaining our forecasts for wind and biomass energy. We expect this trend to continue over the medium- to long-term, and have made similar revisions to our longterm forecasts. That said, we still believe that the government is overly bullish in its target and forecasts for renewable energy. As such, we see room for improvement in regulatory conditions and the business environment for renewable energy. We have revised up our 2013 forecasts for solar energy …
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