Green energy
China PV makers see financial difficulties
Nuying Huang, Taipei; Adam Hwang, DIGITIMES
Wednesday 14 February 2018

Due to fast shrinking demand, some China-based PV makers have run out of working capital and a top-tier maker has deferred payments to supply chain partners, according to industry sources.

Demand has been dropping because of seasonality, worsened by the US's decision to impose 4-year safeguard tariffs on imported solar products, and India's plans to also impose safeguard tariffs as high as 70%, the sources said.

It remains to be seen whether global PV demand will rebound in March, the sources indicated.

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