A recent order by the Chinese Ministry of Industry and Information Technology has sounded the death knell for about 75% of the country’s solar panel and related component manufacturers. The ministry has released a list of 134 companies which will be eligible to receive credit support from financial institutions. The companies which failed … [continued]
Yingli Green Energy is now the biggest global solar company in terms of annual solar panel manufacturing. PV-Tech noted recently that the Chinese photovoltaic (PV) manufacturer leapfrogged past Suntech Power Holdings, who was number one in 2011. Firm fourth quarter demand helped to catapult Yingli to the top spot, … [continued]
Silicon solar PV panel buyers have been the beneficiaries, but US investors and manufacturers have been left holding the bag in what’s turned out to be the latest Wall St. investment bank-led speculative bubble.
