Shedding Light on the Solar Crisis
After Suntech Power Holdings Co. Ltd., a Wuxi-headquartered photovoltaic cell producer, went public on the New York Stock Exchange in 2005, China’s solar industry grew at an astonishing speed. More than 200 photovoltaic product manufacturers are operating in Zhejiang province alone, and most are less than five years old.After the global financial crisis in 2008, solar