China To Strictly Control New Solar Capacity Expansion

[Petar + 76]

The guideline, issued by the Ministry of Industry and Information Technology (MIIT), follows the United States placing steep tariffs on solar panel imports in late January. The guidelines set a minimum research and development (R&D) investment amount for solar companies of $1.58 million each year, and set minimum performance standards such as solar cell efficiency and the attenuation rate of the solar products.

[franco + 96]

The Chinese may make cuts, but they are leading this industry.