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China’s Solar-Sector Battle Puts Quality at Risk, Longi Says

From bnnbloomberg.ca

The fierce competition sweeping China’s solar sector is threatening the quality of production at some companies, as plunging profits trigger a scramble to cut costs, according to a top industry executive. “We’ve noticed that people have started to sacrifice quality to cut costs, which is a dangerous signal,” Zhong Baoshen, chairman of Longi Green Energy Technology Co., said Friday at the Boao Forum for Asia in Hainan, China. China dominates the global solar industry, but years of rapid expansion have generated serious overcapacity and a battle for survival among producers. With solar-panel prices slumping to record ... (full story)

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