Asia Report: China Solar Shares Soar as Government Bails Out Sector

Asia Report: China Solar Shares Soar as Government Bails Out Sector | Renewable Energy News Article

renewableenergyworld.com 18 Dec '12, 3pm

Asia Report: China Solar Shares Soar as Government Bails Out Sector

News of further financial support came after Xinhua reported China may double its upper limit for solar power capacity to 40 GW by 2015. Elsewhere, the Shanghai Securities News said officials may double their target for solar installations, while China’s Ministry of Science and Technology confirmed subsidies for more than 100 developers with a combined capacity of 2.8 GW. The payouts, under the Golden Sun program, are the second round announced this year. Stocks to benefit included Trina, Yingli, JA Solar and LDK, as the actions rescue the biggest solar-panel manufacturers and their suppliers after a glut of capacity depressed prices and profits worldwide. In recent weeks, the government also extended loans to the industry through China Development Bank and allowed local authorities to extend support. "What Beijing is doing is essentially trying to replace the diminished e...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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@DTLAL » 26 Dec '12, 11pm
RT @odysseusbostick: #China domestic bailout of #solar says why we cant look @ solar as an industry to dominate rather than a tool 4 growth [link]
@odysseusbostick » 26 Dec '12, 11pm
#China domestic bailout of #solar says why we cant look @ solar as an industry to dominate rather than a tool 4 growth [link]
@AGNBiofuels » 19 Dec '12, 8am
Asia Report: China Solar Shares Soar as Government Bails Out Sector [link] #AGNBiofuels
@SpenserVillwock » 19 Dec '12, 12am
#Wind Asia Report: China Solar Shares Soar as Government Bails Out Sector [link]
@GraceSweeneyJD » 18 Dec '12, 10pm
#China #solar shares soar as government bails out #energy sector [link]
@redaelchaar » 18 Dec '12, 6pm
Asia Report: China Solar Shares Soar as Government Bails Out Sector another life line...[link]
@SolarFred » 18 Dec '12, 5pm
via @REWorld: Asia Report: China Solar Shares Soar as Government Bails Out Sector [link]
@opean » 18 Dec '12, 4pm
Asia Report: China Solar Shares Soar as Government Bails Out Sector: Filed under: Biofuel News [link]
@GreenHomeSask » 18 Dec '12, 3pm
Asia Report: China Solar Shares Soar as Government Bails Out Sector: Shares in Chinese solar… [link]
@FuturePowerGen » 18 Dec '12, 3pm
Asia Report: China Solar Shares Soar as Government Bails Out Sector [link]
@PvSolarSolution » 18 Dec '12, 5pm
Asia Report: China Solar Shares Soar as Government Bails Out Sector [link]
@FuturePowerGen » 18 Dec '12, 3pm
Asia Report: China Solar Shares Soar as Government Bails Out Sector [link]
@GreenHomeSask » 18 Dec '12, 3pm
Asia Report: China Solar Shares Soar as Government Bails Out Sector [link]
@FuturePowerGen » 18 Dec '12, 3pm
Asia Report: China Solar Shares Soar as Government Bails Out Sector [link]