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China’s MIIT Intervenes to Curb Solar Industry Price Wars
China’s MIIT Intervenes to Curb Solar Industry Price Wars
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BTCCSquare news:
Beijing is taking direct action to stabilize its solar energy sector as cutthroat competition erodes profitability. The Ministry of Industry and Information Technology will convene solar manufacturers this week following earlier high-level meetings with state regulators and power companies.
China's dominance in renewable manufacturing—producing 80% of global polysilicon, wafers, and modules—has created a paradox. While controlling supply chains worldwide, domestic oversupply has triggered destructive pricing battles. The MIIT seeks to implement market safeguards that preserve margins without sacrificing China's strategic position in clean energy technology.
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