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Chinese solar companies active takeover panel technology

Shenzhen Shine Solar Co.,Ltd | Updated: Sep 01, 2015

Chinese solar companies are vigorously promoting cutting-edge solar technology acquisitions, because the Chinese Government has set up a new goal, to make China the world's largest solar panel installation in the country.

This bold strategy is introduced at the same time, global solar panel manufacturers are facing panels GLUT, prices were falling rapidly, and they are struggling to remain profitable.

China national energy administration Liu tienan, announced this week that China, the world's largest producer of solar panels, to double by 2013 solar power capacity, that is, new installed capacity 10 million-kilowatt. This would be equivalent to one-fourth per cent of total global demand, and made China the solar power capacity in the world's largest country, changed significantly after several years of Chinese solar panel manufacturers will bear most of the panels in which the export situation.

These optimistic targets are driving some Chinese solar companies continued to expand, although their profits falling, and faced the threat of bankruptcy.

Han Chinese energy group holdings (Hanergy) Li Hejun, Chairman of the said yesterday that he planned to acquire more expertise in the "thin film" technology companies. Thin film solar panels more efficient than conventional batteries, but due to the difficulty in manufacturing technology, its popularity as traditional solar panels.

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