China's solar equipment manufacturers are adopting a strategy of self-discipline to ensure their survival in a competitive market. Over 30 leading companies have agreed to production quotas for the upcoming year, mirroring the management approach of OPEC, with allocations based on market share, capacity, and anticipated demand.
China is set to achieve a new record in solar power installations this year, with projections of 230 to 260 gigawatts, surpassing last year's record of 217 gigawatts. This increase comes despite challenges in the equipment manufacturing sector, including declining prices and profit margins.
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