30 Dec '12, 2am

[email protected] #gonufrio ristrutturazione solare in Cina per ridurre capacità produttiva pannelli (oggi 40GW)

A new report in today's China Daily is providing the clearest indication yet that Beijing is delivering some tough medicine to many of the nation's smaller solar panel and polysilicon makers by letting them go backrupt to return the struggling sector to health. Up until now, much of the talk in China has focused on rescuing the money-bleeding sector through a comprehensive bailout plan designed to create about a dozen major players as the industry's backbone. But little has been said about the bankruptcies and closures that also need to accompany such a clean-up, in a country where state support due to local factors often allows companies to keep running even after they become hopelessly mired in the loss column. The China Daily article, which isn't available online, starts off with the usual rosy headline "Solar industry to get jolt from new policies", and leads with disc...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2012/12...

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