Chinese Solar Maker Calls Turning Point for Embattled Industry

China’s polysilicon sector, which along with the rest of the solar supply chain has been grappling with severe overcapacity, is at a clear turning point after recent meetings with the government to address the issue, according to a major producer.

“I think the industry already marked a clear bottom, and it is already recovering,” said Ming Yang, chief financial officer of US-listed Daqo New Energy Corp., in a Bloomberg Television interview on Thursday.