China Solar Giants Get Bigger as Glut Ignites Battle for Share
- Top Chinese producers are pursuing aggressive expansion plans
- Strategy could result in price wars in wafers and cells: CMBI
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An aggressive expansion by the world’s biggest solar manufacturers is under way, spurring a battle for market share and push to cut costs that signal more pain ahead for the industry.
Top Chinese producers of solar parts have announced expansion plans in recent weeks even as the industry grapples with the threat of the coronavirus outbreak on global renewable energy deployment.