Jun 11, 2018 07:28 PM

Layoffs Loom After Solar Subsidies Cut

By Luo Guoping, Ge Mingning and Mo Yelin

A worker monitors production of photovoltaic cells for solar panels at a plant in Nantong, East China´s Jiangsu province, in November 2011. Photo: IC

Solar-panel makers have cut production since subsidies in the world’s largest solar market have been reduced, with some now considering layoffs.

Several central government departments, including the National Energy Administration, jointly said last month that handouts to new ordinary solar projects will be scrapped this year, and support for those that are being built will be reduced.

You've accessed an article available only to subscribers

Get 30 days of access for $0.99.

VIEW OPTIONS

Share this article

Open WeChat and scan the QR code