Beijing list turns screw on PV firms

Suntech has not reported a profit since the first quarter of 2011

Suntech is one of the companies off the Ministry's list

Chinese PV manufacturers deemed not worthy of further policy support in a list published this week by Beijing have not been handed an immediate death sentence – but the noose is quickly tightening, according to Trina Solar.

China’s Ministry of Industry and Information Technology this week published a list of 109 Chinese solar companies that remain eligible for domestic support measures, including favourable treatment by banks and the ability to engage in public tenders for the country's growing portfolio of mega-PV projects.

The roster – slimmed down from a preliminary 139-company list published in November – was drawn from about 500 applicants, meaning roughly four-fifths did not make the cut.

“We can’t say [the companies not on the list] are sentenced to death,” says Trina spokeswoman Yvonne Young. Log in to read complete article.

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