Though its solar policies are facing close scrutiny from the U.S. ITC, a Chinese government...
Friday, March 2, 2012, 4:10 PM ETThough its solar policies are facing close scrutiny from the U.S. ITC, a Chinese government agency has set ambitious targets for the development of the local solar industry. By 2015, it wants one local firm to have annual revenues north of $16B, and 3-5 firms to have revenues above $8B. Consider this more evidence the government may soon "encourage" weaker solar vendors to merge with stronger ones. (also)
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