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在线翻译:
szdaily -> Business -> 
Solar manufacturers raise first-half output: association
    2018-08-02  08:53    Shenzhen Daily

SOLAR power component manufacturers in China raised output in the first six months of the year despite dwindling market opportunities caused by a government decision to curb new capacity, according to an industry association.

China’s solar sector has been growing rapidly after local governments commissioned hundreds of new projects to meet the country’s renewable energy targets.

But the country’s top economic planning agency said in June that it would cut subsidies for new projects and cap capacity additions at 30 gigawatts (GW) for this year, down from a record 53 GW in 2017, as it tried to “optimize” the pace of construction amid overcapacity fears.

Despite the policy adjustments, manufacturers continued to ramp up production in the first half of 2018, even though total installed generation capacity remained unchanged compared to the same period of last year, China Photovoltaic Industry Association (CPIA) vice chairman Wang Bohua said.

“The solar power sector should strengthen self-discipline both domestically and overseas, and it should refrain from false propaganda and from price-gouging cut-throat competition,” Wang said.

He said the production of silicon wafers — a key solar component — rose 39 percent year on year to 50 GW in the first half, with solar module output rising to 39 GW, up 22 percent.

Total installed solar generation capacity stood at around 24 GW in the first six months, Wang said, roughly the same as last year.

If China is to enforce its 2018 capacity cap of 30 GW, that means only 6 GW of new capacity will be permitted in the second half of the year.

Domestic market weakness has driven down prices and stimulated foreign sales, with solar component export earnings rising 21.2 percent to US$5.51 billion in the first six months.

But overall profits and utilization rates in the sector have continued to decline, Wang added, with some manufacturers even making losses in the first half.

(SD-Agencies)

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