3 FAQs about Latest on the theft of photovoltaic panels in Xinping

Are Chinese solar panels insolvent?

The latest report reveals a reality of widespread insolvencies in the Chinese solar panel manufacturing sector where massive production capacity expansion has outstripped market demand. The report reveal that the insolvencies will extend to the wafer and cell manufacturers.

Which Chinese solar companies are resilient?

The leading six Chinese suppliers (JinkoSolar, JA Solar Technology, Trina Solar, LONGi Green Energy Technology, Tongwei and Canadian Solar), which control 60% of the market, are expected to remain resilient by cutting capital expenditure commitments and implementing additional short-term cost cutting measures.

Will China's insolvency extend to wafer & cell manufacturers?

The report reveal that the insolvencies will extend to the wafer and cell manufacturers. The news comes as China announced changes to its export tax rebate rate for photovoltaic products, batteries and certain non-metallic mineral products which will be reduced from 13 percent to 9 percent.

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