China expands solar industry, despite economic losses

China’s growing solar industry has come at a price: Although its growth has lowered prices for acquiring the technology, China’s solar panel manufacturing capacity is 32 times bigger than its domestic consumption, and Chinese solar companies are losing money and shelving capital expenditure plans.

1/8

5 Seconds

00:00

00:00

Nov. 10, 2011

An employee inspects solar panels along a production line at an LDK Solar company workshop in Hefei, Anhui province, China. Generous state bank loans to Chinese solar companies — a bone of contention for their Western counterparts — are threatening the financial health of the firms as they grapple with falling product prices and tumbling demand from their biggest customer, Europe.

Jianan Yu / Reuters

Related Content

Featured Photo Galleries

Chip Ganassi Racing driver Dario Franchitti of Scotland (L) celebrates as he crosses the finish line ahead of teammate Scott Dixon of New Zealand and KV Racing Technology driver Tony Kanaan of Brazil during the Indianapolis 500 autorace at the Indianapolis Motor Speedway in Indianapolis, Indiana, May 27, 2012. REUTERS/John Sommers II(UNITED STATES - Tags: SPORT MOTORSPORT)

Dario Franchitti wins the Indianapolis 500

Dario Franchitti wins his third Indy 500 at the Indianapolis Motor Speedway in Indianapolis.

WASHINGTON, DC - MAY 27: Christian Slayton, 12 prays to a fallen soldiers memorial as motorcycles from the Rolling Thunder event pass by in Washington, DC on May 27, 2012. Slayton, who is from Raleigh, NC ran out to the makeshift memorial to say a prayer of thanks for all the veterans living and fallen. He said he wanted to thank them for letting us be free and able to have the rights that some countries never had. Riders from across the nation come together every year to ride from the Pentagon over to the National Mall as a rememberance those POW and MIAs in the Vietnam War. (Photo by Linda Davidson/The Washington Post)

Rolling Thunder descends on Washington

Motorcyclists take part in the annual parade ahead of Memorial Day.

Visitors stop to read the names on the Vietnam Memorial at sunrise on the fist day of the Memorial Day weekend in Washington Saturday, May 24, 2008. (AP Photo/J. David Ake)

Honoring the Vietnam War’s fallen

The Vietnam Veterans Memorial is one of the most visited sites in the nation’s capital.

WASHINGTON, DC - MAY 24: Aaron Rubinstein, center, with fellow students, lights candles before the annual Mass for family members of the cadavers used in anatomy studies on May, 24, 2012 in Washington, DC. At right are Steven Kazuska and Meghan Kuska. (Photo by Bill O'Leary/The Washington Post)

Students express gratitude for cadavers

Georgetown University students thank the families who allowed the use of cadavers for study.

Cambodian Grilled Corn is basted with a mix of coconut milk and sugar, then grilled until caramelized. Recipe by grilling expert Steven Raichlen, for a Chef on Call lesson. (Michael Temchine for The Washington Post) Freelance Photo imported to Merlin on Fri May 16 15:10:05 2008

Memorial Day recipes

Here are some favorite burgers, entrees and desserts from our Recipe Finder database.

FAIRFAX, VA - MAY 23: US Army Veteran Sandra Strickland embraces her daughter, Heaven, 8, after dinner Wednesday May 23, 2012 in Fairfax, VA. After losing her job, custody of her children and being evicted from her apartment, Strickland moved into a home for homeless female veterans provided by Final Salute, Inc. (Photo by Katherine Frey/The Washington Post)

Fairfax shelter becomes a lifeline for homeless female veterans

A former Army captain opened the shelter with last fall.

Speaker of the Ukrainian parliament Volodymyr Litvin (Bottom) looks on as deputies of the Ukrainian opposition fight with deputies of the pro-presidential majority during a session of parliament in Kiev, as opposition parties protest a bill proposed by the ruling party which would make Russian an official state language along with Ukrainian. AFP PHOTO/STRINGERSTR/AFP/GettyImages

Ukrainian parliament fight, SpaceX cargo craft, Mars rover Opportunity and more in the day in photos

Ukrainian parliament fight, SpaceX cargo craft, Mars rover Opportunity and more.

Red Panda Bears sleep in the Panda Bear enclosure at the Beijing Zoo on May 22, 2012. The zoo grounds were originally a Ming Dynasty imperial palace and finally opened to the public in 1908. The zoo's history states that during the WWII, most of the zoo's animals died of starvation with only 13 monkeys and one old emu surviving the war. AFP PHOTO/Mark RALSTONMARK RALSTON/AFP/GettyImages

Barn owls, pit bulls, red pandas, cheetah cubs and more in animal views

Barn owls, pit bulls, red pandas, cheetah cubs and more.

Back to Previous Gallery Share Previous Gallery
 

Personal Post

Loading...

Comments

Add your comment
 
Read what others are saying About Badges
    Section:/business