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China Encourages Solar-Product Makers to Expand Amid Supply Glut


24 Feb. 2012 by

BLOOMBERG - China set targets for increasing production capacity at “key” polysilicon and solar cell makers to boost domestic installations and spur expansion even as prices tumble amid a global supply glut.


China wants each “leading” company to have 50,000 tons a year of polysilicon capacity by 2015 and targets 5 gigawatts for each leading solar-cell maker, according to a five-year plan for the industry posted on the Ministry of Industry and Information Technology website today.

 

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