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China's Solar Factories Face Production Decline
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China's solar factories are facing reduced output and potential bankruptcies due to a price war and overcapacity, leading to plummeting prices for thin wafers. Wafer factories are operating at low capacity, with larger companies like Longi Green Energy Technology and TCL Zhonghuan Renewable Energy Technology maintaining high utilization rates. Smaller manufacturers are selling at near their production costs, while manufacturers of polysilicon are adjusting their expansion plans.
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How might China's solar industry's decline impact global renewable energy markets?
In what ways could the challenges faced by China's solar factories influence the viability of solar energy as a sustainable energy source?
What measures could be taken to address the oversupply and price war in China's solar manufacturing sector?
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