China’s industry ministry to meet solar firms for more price war talks, state media reports
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The closed-door meetings will discuss measures to address overcapacity in the solar cell, module and other segments of the supply chain.
PHOTO: AFP
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BEIJING - China’s industry ministry will meet with solar firms on Aug 20 and 21 for further talks on how to rein in their price war and deal with excess capacity in the sector, state-owned media outlet Yicai reported.
The closed-door meetings will discuss measures to address overcapacity in the solar cell, module, silicon wafer, and polysilicon segments of the supply chain, according to the Yicai report.
That follows a meeting on Aug 19 – at least the second in as many months – that included representatives from the Central Social Work Department, the National Development and Reform Commission, the state-owned assets regulator, the energy regulator and power generating companies.
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$9 billion) fund to acquire and shut down roughly a third of production capacity and restructure part of the loss-making sector. REUTERS
