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Business / Green Companies

Some solar companies see brighter first half

By Xie Yu in Shanghai (China Daily) Updated: 2013-07-10 07:17

The duties will reach an average of 47.6 percent in August and last for five years from December, if China and the EU fail to reach agreement on the dispute.

Reuters reported on Friday that officials from Europe and China said more than two weeks of negotiations in Beijing were going well and they aimed to agree to an annual quota and a minimum price for Chinese importers above their production costs, although numbers are still fluid.

On the other hand, China's big solar companies, including Trina Solar Ltd and Canadian Solar Inc, have said they will shift manufacturing abroad, dodging penalties imposed by the EU.

Zhang said the domestic market is another significant factor that affects companies' financial reports.

China's National Energy Administration has announced a program to set up distributed solar photovoltaic demonstration power plants across the country. The plants will be constructed before July and operated in national economic development zones and industrial parks in China.

SUNOWE's Li said her company sees the program as a great opportunity to tap the domestic solar market.

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