IN DEPTH: China PV's most powerful

A few years ago, all it took to become a PV manufacturer in China was a factory somewhere — regardless of its original purpose — and a bit of pluck.

Assembling modules from pre-made cells was not exactly rocket science, labour was cheap, and the subsidy-fuelled European market was on fire. And with Beijing singling out solar energy as a critical Chinese industry of the future, hundreds upon hundreds of companies piled into the sector. Telling them apart — to say nothing of their wares — became a nearly impossible task.

But the Chinese solar industry is growing up fast. Two years of blood-curdling losses, the result of overzealous capacity expansion, will do that to a sector. The market downturn has already Log in to read complete article.

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