this post was submitted on 27 Nov 2024
18 points (95.0% liked)

Technology

37800 readers
146 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
remington@beehaw.org
alyaza@beehaw.org
TheRtRevKaiser@beehaw.org
gyrfalcon@beehaw.org
rs5th@beehaw.org
coldredlight@beehaw.org
Los@beehaw.org
SemioticStandard@beehaw.org
18
China Tightens Rules for Solar Manufacturing to Curb Overcapacity (oilprice.com)
submitted 3 weeks ago by 0x815 to c/technology@beehaw.org
0 comments fedilink hide all child comments
 

Archived link

  • The Chinese industry ministry issued final – but not binding – investment guidelines for solar PV manufacturing projects after the local industry has been calling for government intervention to curb the booming solar manufacturing.

  • The government now wants a minimum capital ratio of 30% for solar PV projects, up from 20% previously. This ratio typically refers to the share of total investment shareholders invest with their own assets.

The manufacturing boom and the competition for market share have prompted some Chinese manufacturers to sacrifice quality for the sake of higher profits, an industry executive said earlier this year. Companies are looking to survive in the race to the bottom in China’s solar component market and some are skimping on quality and testing.

The Chinese solar panel market remains oversupplied and this glut could last up to two more years, Longi Green Energy Technology said in July.

The company, which is one of the world’s top solar panel manufacturers, warned it would book a loss for the first half of 2024, amid a fierce price war and overcapacity in the sector.

[...]

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here