China's 12th Five-Year Plan calls for major capacity expansions despite downturn

摘要

Even though some Chinese solar suppliers -Suntech Power is a notable example - have frozen capacity expansions due to slow growth in demand, China is reportedly pushing its top solar companies to expand.rnAs per the 12th Five-Year Plan, the country wants key domestic polysilicon suppliers to expand annual capacity to 50,000 MT each, and module suppliers to 5 GW each, by 2012. This is despite the fairly slow demand growth and the increasing likelihood of tariffs applied to Chinese modules imported to the US (and a potential for the same in Europe).