Report claims 50% of Chinese solar firms have ceased production

Facebook
Twitter
LinkedIn
Reddit
Email

Approximately half of China’s PV manufacturing firms have ceased production, according to a report on the Chinese newspaper Guangzhou Daily and as cited by Digitimes. Chronic oversupply and massive price drops would appear to have nudged the lower-performing China-based manufacturers over the edge, with the solar energy division of CSG Holding’s research suggesting that half have stopped production, around 30% are at half their production capability and 20% are at pains to maintain their current levels of production.

Data collected by Digitimes Research imply that tier-1 solar companies are the only ones that are able to claim capacity utilization rates above 80% for the first half of 2011.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Furthermore, Chinese manufacturers are said to be facing high charges as a result of JinkoSolar’s recent fluoride spill. The charges are being implemented in an effort to prevent any such accidental environmental damage by Chinese manufacturers.

Read Next

July 3, 2025
Malaysian engineering and infrastructure giant Gamuda has expanded its presence in the Australian renewables sector by partnering with Tasmanian landowners to build a 1.2GW portfolio, which includes solar PV.
July 2, 2025
A new state-owned green bank, the Energy Security Corporation (ESC), has launched in New South Wales, Australia, with an initial funding allocation of AU$1 billion (US$640 million).
July 2, 2025
Asset management firm Capital Dynamics has secured €110 million (US$129.4 million) in financing for three solar PV projects in Spain.
July 2, 2025
The US Senate has narrowly passed – with a 51-50 vote and with vice-president JD Vance breaking the tie – the reconciliation bill yesterday (1 July) without the solar and wind excise tax.
Premium
July 2, 2025
ANALYSIS: China's leading PV manufacturers are locked in a new round of competition, aiming to outpace each other through record-breaking feats.
July 2, 2025
Investment manager Quinbrook Infrastructure Partners has begun commercial operations at a 373MW solar PV plant in the UK.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK