China to raise minimum capital ratio to 30% for solar manufacturing
- Admin
- Jul 9, 2024
- 1 min read
The Chinese Ministry of Industry and Information Technology (MIIT) issued a draft rule to raise the minimum capital ratio for solar PV manufacturing projects to 30%. This is part of proposals to strengthen the management of the Chinese PV industry. The rule applies to both new projects and expansions of existing facilities, with requirements on annual output, R&D spending, and quality standards.
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