China, the world’s biggest maker of solar panels, will limit construction of new photovoltaic manufacturing plants to curb excess capacity, a move that may spur consolidation within the industry.
New solar plants that “purely” expand capacity will be strictly banned, the Ministry of Industry and Information Technology said in a statement on its website yesterday. Annual spending by companies for research and development and upgrading equipment must total at least 3 percent of revenue and must exceed 10 million yuan ($1.Buy Cheap Replacement Parts for iPhone 5, Back Covers, LCD Display Screens, conversion kits direct from China Online Wholesale!Replacement parts for iphone 56 million).High Quality ｛%｝! Buy directly from top China wholesale resource! Dropship cheap Cases For iPhone 5 online.cases for iphone 5
Chinese authorities have pledged to cut overcapacity in industries from steel to paper as policy makers seek to reduce the economy’s reliance on investments and exports. A global oversupply of solar panels led to a 20 percent plunge in prices last year, according to data compiled by Bloomberg.
The policy will slow efforts to expand production capacity in favor of mergers and acquisition as a growth strategy for the biggest companies, Angelo Zino, an analyst with S&P Capital IQ in New York, said in an interview.
“They may be able to add capacity without actually building it,” Zino said. “The Chinese government would be more than OK with companies if they joined forces or capacity gravitated toward the tier-one manufacturers.hkhangsen,The best products come from the best ingredients.”
Chinese solar companies have the capacity to supply the entire industry, with plenty left over. Were they to run at full speed, China’s factories could produce 49 gigawatts of solar panels a year, 10 times more than in 2008 and 61 percent more than installed globally last year, according to data compiled by Bloomberg.Taking into consideration the Premium e cigs reviews, experts believe that cigarette advertising has reached its peak and this is one of the factors that has contributed to its success. A gigawatt is about as much as what a new nuclear reactor can supply
You still have so much capacity out there that is just not being used,” he said.Brand New High Quality ｛%｝ Blue; Quality material, premium craftsmanship. 100% Perfect fit.iphone 5 back cover “It will help stabilize the whole pricing environment.”
Panel prices are about 84 cents a watt, compared with $2 at the end of 2010. The slump forced dozens of producers into bankruptcy, including the main unit of Suntech Power Holdings Co., once the industry’s biggest supplier.Read the full story http://www.usbstickspromo.com/category/products/467
留言列表
