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Friday, 31-Jan-2014 15:54 Email | Share | Bookmark
China Panel Makers Turn Solar Farmers To Counter Glut

15 interview. The loans benefit producers because power plants are costly and have long payback periods, said Meng Xiangan , vice chairman of the China Renewable Energy Society, which acts as a liaison between the government and industry. Profit Margins The nation plans to add 10 gigawatts of solar power in 2014, the National Energy Administration said last week in a statement. Developers in China installed a record 12 gigawatts of solar panels in 2013, almost matching the total amount of solar power in operation in the U.S. according to data compiled by Bloomberg. Downstream businesses are being boosted to counter the unprofitable margins from selling solar panels alone, Yingli Chief Financial Officer Wang Yiyu and JA Solars Xie said in separate interviews. Profit margins are thin for panel makers after two years of consolidation, Yinglis http://harryeczo.bravesites.com/entries/general/brian-dawe-backs-out-of-couples-therapy-ruins-farrah-abraham-s-fake-life Wang said. Companies can only seek vertical expansion if they want to earn more [link] money. Yingli and JA Solar will sell most of the projects they develop after completion and retain a small portion, executives at the companies said. Developers of ground-mounted plants will earn a project internal rate of return of 8 percent without using loans while cash-constrained manufacturers should be cautious about their business models as its very risky to hold the projects, Wang Minnan , a Beijing-based analyst from BNEF said by phone in a Jan. <br>Read go here more: http://www.bloomberg.com/news/2014-01-29/china-panel-makers-turn-solar-farmers-to-mitigate-industry-glut.html

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