China calls for ‘concerted’ industry efforts to tackle excess solar production
IRAN-ISRAEL
China has called for "concerted efforts" to ease its solar power industry's severe overcapacity crisis, as part of Beijing's campaign to end a fierce price war. The proposed measures include capacity control, standard guidance, price enforcement, mergers and acquisitions and intellectual property protection "to promote the high-quality development of the photovoltaic industry." China's solar manufacturing capacity far outstrips global demand, triggering a domestic price war in recent years. The
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