Solar panel makers look downstream in hopes of brighter earning prospects
By Lyu Chang | China Daily | Updated: 2014-01-29 08:45
Government incentives help focus efforts on power plant development
Chinese solar panel makers are looking to invest in solar power farms to boost earnings after a drop in panel prices due to oversupply.
Hit hard by trade disputes as well as a massive glut in the solar panel industry, the prices of Chinese silicon wafers and solar cells tumbled, leading to losses and even bankruptcy for many solar cell makers.
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