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China Panel Makers Turn Solar Farmers to Counter Glut

China’s solar-panel makers are investing more in building their own power projects, expanding sources of revenue and soaking up some of the manufacturing capacity that depressed panel prices.

The push is being led by companies such as Yingli Green Energy Holding Co. and Shunfeng Photovoltaic International Ltd. Combined, China’s top five panel producers are planning at least 4.6 gigawatts of projects this year, enough to power 5 million homes in the nation and almost quadruple the capacity completed last year.