China's Solar Giants Double Down on Growth Plans

The video discusses the solar industry's response to a market downturn, highlighting how major manufacturers are increasing production capacity and efficiency despite falling polysilicon and panel prices. It also examines China's decision to cut solar subsidies, which has significantly impacted global solar manufacturers.

What strategy are major solar manufacturers adopting during the market downturn?

• Halting production entirely

• Focusing on non-solar products

• Increasing production capacity and efficiency

• Reducing production capacity

Which company announced a 40% increase in cell production?

• First Solar

• GCL

• Jinkosolar

• Tongwei

What significant policy change did China implement in late May?

• Halting or cutting back on domestic subsidies

• Introduction of new solar tariffs

• Banning solar imports

• Increased subsidies for solar manufacturers

How did China's policy change affect global solar manufacturers?

• Stabilized global prices

• Increased share prices

• Boosted global demand

• Falling share and product prices

What was a major consequence of China's subsidy cuts?

• Expansion of solar markets in Europe

• Rise in solar panel prices

• Significant impact on global manufacturers

• Increased global demand