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Chinese Solar Group Urges Faster Consolidation as Glut Deepens
- China is developing 339 gigawatts of wind and solar energy, representing 64% of global capacity, according to a report from Global Energy Monitor .
- This figure exceeds the USA's 40 GW project pipeline by more than eight times.
- China's solar power reached 12% and wind power 11% of its generation in May as new capacity was added.
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45 Articles
45 Articles
China’s Solar Sector Must Consolidate Amid Mounting Losses, Industry Group Warns
China’s Solar Sector Must Consolidate Amid Mounting Losses, Industry Group Warns -The opening bid price for panels has fallen below the 1 yuan per watt cost level to about 0.8 yuan in July as overcapacity engulfs the industry
·Beijing, China
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Asia surpassed Europe as the largest export market for Chinese solar products in the first half of this year, the China Photographers Industry Association said on Thursday.
·Beijing, China
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Chinese Solar Group Urges Faster Consolidation as Glut Deepens
China should push struggling solar manufacturers to exit the market as soon as possible to reduce severe overcapacity in a sector that’s vital to the energy transition, according to a major industry group.
·New York, United States
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Coverage Details
Total News Sources45
Leaning Left6Leaning Right7Center12Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 24%
C 48%
R 28%
Factuality
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