China's industry ministry to meet solar firms for more price war talks, Yicai reports
The closed-door meetings will discuss measures to address overcapacity in the solar cell, module, silicon wafer, and polysilicon segments of the supply chain, according to the Yicai report.
That follows a Tuesday meeting - at least the second in as many months - that included representatives from the Central Social Work Department, the National Development and Reform Commission, the state-owned assets regulator, the energy regulator and power generating companies.
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan ($7 billion) fund to acquire and shut down roughly a third of production capacity and restructure part of the loss-making sector.
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