The announcement that Chinese company
Alex Solar will build a massive 1-GW solar farm in central China’s Jinchang city, coupled with the rush by several Chinese solar firms to fill the nuke void in Japan indicates that China’s solar industry is still looking to a bright future.
Beleaguered by US trade sanctions, feed-in tariff cuts in Europe, collapsing photovoltaic (PV) panel prices, massive global over-supply of panels and a string of gloomy financial results by its once glowing solar stars, China’s solar industry would, by all appearances, be on the ropes.