31 Mar '15, 3pm

Beijing Puts Brakes on New Solar Panel Capacity

Beijing Puts Brakes on New Solar Panel Capacity

A new low-key announcement from Beijing is hinting at a quiet struggle taking place behind the scenes in China’s promising but embattled solar panel sector, with the regulator saying it will stop the building of most new manufacturing capacity. On one side of this struggle are local government officials, who may be encouraging solar panel makers in their areas to add capacity that will benefit their local economy but is the last thing the industry needs. On the other side of the battle is Beijing, which is trying to show the world it doesn’t unfairly subsidize its solar panel sector as it also tries to rationalize a bloated domestic industry that is stifling global development. We’ll return to the bigger picture shortly, but first let’s focus on the latest industry development that comes in a low-key announcement from the Ministry of Industry and Information Technology (MI...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2015/03...

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