The solar industry is currently experiencing a “second Q4.” Normally, global installations decline dramatically from Q4 of one year to Q1 to the next – down over 50% in 2020 and 2021, down 37% in 2022. But Q1 of 2023 is down just 2% – with 71 GW installed this quarter, compared to a revised figure of 72 GW later quarter – and up 74.8% from Q1 2022. All of these shifts are primarily driven by China, whose solar installations in first three months of the year are up 182.1% from 2022, almost tripling. This is for four reasons. The first is that the solar market is growing as a whole. The second is that the distributed market has grown…