Flying too close to the sun? Why China’s solar giants are planning to get even bigger
A worker producing solar photovoltaic modules used for solar panels on September 05, 2023 in Huaian city, in eastern China's Jiangsu province.
Synopsis
Reports suggest that the planned capacity of the top five Chinese solar manufacturers will increase by 54% by year-end to reach 465 gigawatts. But with capacity already exceeding demand and on track to balloon by 2030 to far in excess of forecast market requirements, analysts and investors are beginning to question whether these plans are justified.
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