Solar Warning Post China and Price

Why are China's solar companies undercuting each other?

China’s world-dominating solar firms have been forced to sell below cost after a breakneck buildup in capacity to feed China’s renewables boom. Companies are undercutting each other to maintain market share, and most are expected to report losses this year, BloombergNEF said in a report earlier this month.

Why is China warning its oversaturated photovoltaic sector to avoid expanding capacity?

China is warning its oversaturated photovoltaic sector to avoid blindly expanding capacity – including in producing solar panels – with newly issued guidance that comes as industrial overcapacity has been self-defeating domestically while triggering backlash in the global market and stoking geopolitical tensions.

Why did China's top solar companies lose in the third quarter?

Photographer: Qilai Shen/Bloomberg (Qilai Shen/Bloomberg) (Bloomberg) -- China’s top solar manufacturers posted big losses in the third quarter as severe overcapacity and price wars continue to hurt the companies producing equipment critical to global energy transition.

Should China's solar industry exit the market?

China’s main solar industry association earlier this month called for rational pricing and urged companies to be more disciplined in bidding for projects. Over the summer, it said struggling manufacturers should exit the market as soon as possible.

Will China's Energy Policy reduce solar PV prices?

“If these are all true, it will send a positive signal to the solar PV industry, as such policies will suppress the continued decline of solar PV prices,” said Lin Boqiang, dean of Xiamen University’s China Institute for Studies in Energy Policy.

Will Beijing unveil new rules for solar photovoltaic manufacturing?

Stocks of several Chinese solar companies surged on Wednesday amid rumours that Beijing will unveil new rules for solar photovoltaic (PV) manufacturing to curb oversupply and a price war in the sector. Xinyi Solar jumped 12 per cent to HK$3.80, and GCL Technology Holdings rallied 25 per cent to HK$1.50 in Hong Kong.