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CN EN
Market News
PV industrybailoutsspread
Time:2012-11-10

Europelaunched the "double reverse" front, China's PV production capacityaccounted for more thanhalf of the world. 

This winterformore than a thousanddomesticPV companieswill be particularlytough,butrescueoperationshave beenlaunched. Yesterday, there wasnews thatfour ministriesrecentlyconvenedto discussstrategiesbailoutofthe banking institutions, totheproblems outside the stormPV companiesto help.Some local governmentshave begun toactto help themsurvive thewinter.

Wind, "Bao Dai abandonedsmall"? 

Recently,the Ministry of Commerce, the National Energy Board, Ministry of Finance,the Ministry ofbanking institutionson behalf ofthe four ministriesand36to discussthe future direction ofChinaPV industry. Itisreported that thebasic consensus ofthe meetingwasthe formation ofPV companieswill"preserve the Great abandonedsmall", and enhance competitiveness.Allegedly,Treasuryofficialssaid it wouldhelpclearthe outstanding enterprisesweather the storm.

ChinaRenewable EnergyAssociation and vicepresident of MengXiangananalysis pointed out, "Bao Dai abandonedsmall" is actually more accurateto useanother way of saying-"supporting the superior merit" policyChina's solarphotovoltaicindustry, "second five" plan proposedfor those who havecompetitivenessof key enterprisesto give policysupport topromote the sound developmentof the industry.He pointed out thatcurrently the largestdomestic photovoltaicindustry iscontradictoryserious excess capacity. Support of financial institutionsinmoreeasetheir liquiditypressure, hebelieves thatin the currentinternational marketwas blocked, and this strategic emergingindustriesto get out ofthe plight ofthe most criticalis to openthe domestic market.

InEurope and Americalaunched the "dual" as a watershed, ChinesePV companieshave to faceserious excess capacity, the outbreak of thecrisisahead ofultra-low-cost competition, funding strand breaksand so on.Earlier,China's PV production capacityaccounted for more thanhalf of the world,the world's toptenPV modulemanufacturers in Chinaswept thetop five.But the EUt


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