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Demand for solar panels has eased since the global financialcrisis, forcing governments worldwide to slash solar powersubsidies, and leaving China sitting on idle capacity andmounting losses. To help prop up the solar industry, Beijingplans to more than quadruple solar power generating capacity to35 gigawatts (GW) by 2015 to use up some of the huge domesticpanel glut. It has also said it will accelerate technologicalupgrades in polysilicon to weed out inefficient producers and"nurture a batch of internationally competitive producers."
last-modified: 2021-03-11 23:39:56