日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

chinadaily.com.cn
left corner left corner
China Daily Website

Suntech bankruptcy hurts new energy drive

Updated: 2013-03-21 20:30
( Xinhua)

BEIJING - The bankruptcy of solar panel giant Wuxi Suntech made front page news on Thursday, with many reports looking to the factors that caused the bankruptcy, as well as the bankruptcy's future impact.

Suntech's problems are undoubtedly a heavy blow to the industry and the country's drive to promote new energy. Hopes that were pinned on the sector's rise have been dashed.

On Wednesday, the Wuxi City Intermediate People's Court approved Wuxi Suntech's bankruptcy following a joint application issued by the company's nine creditor banks on Monday.

Suntech is not the first solar energy company to find itself trapped in a debt crisis. Chaori Solar, another leading player in the solar energy industry, ran into debt last December. On Thursday, Chaori reminded its investors that its losses in 2012 may be as huge as 1.3 billion yuan ($209 million).

Generally speaking, none of the companies operating in the solar industry have been in a comfortable position in recent years. It's not a problem that is specific to any one company -- the whole industry is in danger.

Some have criticized Suntech and some other companies for misjudging the market and expanding without measure. But the real reasons behind the crisis lie in the sector's lack of cost-efficiency.

For many years, solar energy companies have had to rely on government subsidies to make profits. However, these subsidies have generally fallen short of the industry's expectations.

Externally, the global economic crisis had a fatal impact on the solar energy industry, especially leading companies that sell most of their products in the international market. Since 2008, major solar markets, including Europe and the US, have shrunk dramatically, while anti-dumping and anti-subsidy moves targeting solar energy products have made things even worse.

As a result, solar energy companies have had to rely on the domestic market. In January, the government said solar facilities capable of generating a combined 10 gigawatts of power would be installed this year. However, analysts believe that if subsidies, grid connection policies and financing channels are not improved, it will be hard to reach the target.

China has been making great efforts to encourage renewable energy development to provide power for its fast economic growth while preventing the environment from worsening. For many years, China's economy has been powered mainly by coal, which accounts for over 60 percent of the nation's total energy consumption.

In its 12th Five-Year Plan (2011-2015), the government paid special attention to new energy industries, including solar energy, wind power, hydropower, nuclear power and biomass energy. The government has shown determination to solve China's pollution problems.

But achieving this goal will require the government to adjust its policies in pace with the development of the solar industry.

Globally speaking, new energy is closely related to the welfare of mankind. China has already become a leader in new energy development and will contribute even more in the future. To that end, it would be prudent for all the world's countries to refrain from engaging in trade wars and protectionism targeting new energy products.

Related:

Wuxi court declares Suntech bankrupt

Chinese solar panel giant declares bankruptcy

Wuxi court declares Suntech bankrupt

Chinese solar panel giant declares bankruptcy

Unusual share dealing keeps focus on Suntech

Suntech to shut lone US plant, blaming high costs

 

 
...
...
...
主站蜘蛛池模板: 成人午夜免费福利视频 | 久久综合视频网 | 香蕉视频网站在线 | 欧美精品综合 | 综合激情五月婷婷 | 精品99久久 | 久久久96 | 成人亚洲在线 | 成人3d动漫一区二区三区91 | 深爱五月激情网 | 神马久久精品综合 | 成人交配视频 | 国产一区在线视频观看 | 超碰在线免费97 | 超碰爱爱| 伊人影院视频 | 亚洲在线视频网站 | 亚洲天堂婷婷 | 亚洲精品久久久久 | 亚洲欧美999| 91黄色看片 | 在线a网 | 日韩一区二区三区免费观看 | 国产一区二区视频免费观看 | 亚洲激情五月 | 九九精品国产 | 在线看免费av | 黄网站在线免费 | 欧美亚洲国产一区 | 国产色综合天天综合网 | 国产一区二区在线看 | 欧美一区二区精品 | 国产另类精品 | 青少年xxxxx性开放hg | 国产精品日韩av | 国产又粗又猛又黄又爽 | 亚洲成人精品一区二区 | 无毒不卡 | 欧洲一级黄色片 | 亚洲激情婷婷 | 久草午夜 |