Challenges Ahead for China's Solar Industry: GCL Founder Emphasizes Government Support
Tuesday, 11 June 2024, 09:01
Introduction
China's photovoltaic industry is facing a crisis, with companies dealing with significant losses and oversupply issues.
Challenges of Oversupply
After years of state subsidies, companies in the solar industry are struggling due to the oversupply situation, leading to financial strains.
Call for Government Assistance
The founder of GCL emphasizes the urgent need for government support to revive the sector and help companies overcome the current challenges.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.