Monday, February 27, 2012

China cranks up production

China tells solar cell makers to produce 5 GW of cells a year by 2015

24.02.2012: The Chinese Ministry of Industry and Information Technology (MIIT) has published a five-year plan that calls on polysilicon and solar cell manufacturers to increase production capacity over the next few years. The five-year plan (2011–2015) calls on China’s leading polysilicon manufacturers to each produce 50,000 tons of polysilicon annually by 2015, and it asks each of the country’s largest solar cell makers to produce 5 GW of solar cells a year by mid-decade. The plan, which does not specifically name any companies, is intended to help Chinese solar companies increase their annual sales. The price of polysilicon and photovoltaic (PV) products has plunged in the last year. According to PHOTON’s module price index, which is based on German spot market prices, the price of PV modules has declined by more than 36 percent in the last year. … Source: Chinese Ministry of Industry and Information Technology, PHOTON; Summary: PHOTON

http://www.miit.gov.cn

http://www.miit.gov.cn/n11293472/n11293832/n11293907/n11368223/1447343
1.html

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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