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China Urges Solar Industry Consolidation Amid Overcapacity Crisis

4/20/2026

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Story summary
  • China addresses solar overcapacity and urges concerted efforts to curb production.
  • The Ministry of Industry and Information Technology and the National Development and Reform Commission held a capacity-control meeting.
  • This follows meetings this year as solar manufacturers face losses from fierce competition.
  • The government seeks high-quality photovoltaic development through mergers and stronger intellectual property protection.
  • After the meeting, Jinko Solar and CSI Solar shares rose up to 1.6%.