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with the opening line of a consistent credit

Posted Dec 08 2012 8:24am

culture also many conflicts.""At that time, lines, a number of old experts to

demonstrate the feasibility of photovoltaic projects, some experts questioning

voice." The above sources, the local government in accordance with the original

scientific calculation, such a large-scale ground project, "no three years will

certainly encounter overcapacity crisis Moreover, this is a two out of the

industry, raw materials, and the market is not in our hands. "Sure enough, after

five years, the PV industry has become a "blind expansion" and "excess capacity"

negative typical.In 2007-2012, the PV industry in China for five consecutive

years, the annual growth rate of more than 100%; until the time of the 2011, the

overcapacity crisis has been unleashed.Publicly available data, in 2011 and 2012,

China's PV production capacity has reached 35GW and 40GW, accounting for more

than 60 percent of the global total; 2011, global production capacity, however

27GW, 2012 30-33GW.Stealth endorsement of local governmentIn recent years, the

CDB has become a domestic bank support of new energy.Only photovoltaic power

generation, for example, even when the mouth in 2012 with an annual output of

excess, CDB did not give up the support of photovoltaic power generation

enterprises downstream. December 7, CDB relevant responsible person said to the

reporter, as of the end of October 2012, the CDB cumulative commitment of solar

photovoltaic power generation industry loans of 41 billion yuan, an increase

compared to the level of the end of last year, 340 billion, the loan balance $ 30

billion.Whether LDK, Suntech or Hina, the characteristics of the Chinese

photovoltaic giant, political and economic bundled bound photovoltaic their own

development and local government industry revitalization plan. "The person in

charge of a large state-owned MORALS Control Department says. This is precisely

the key to commer  new womens north face jacket uk cial banks including CDB inroads into the field of

photovoltaic.In 2010, four trillion under the stimulus plan as well as the

endless stream of central an cheap womens north face denali hoodie d local strategic emerging industry revitalization

plan, just a few years time, there are more than 300 cities in China announced

that it will focus on the development of photovoltaic industry, more than 100

cities will construction of the p  womens north face down jacket uk sale hotovoltaic industry base. Photovoltaic heat,

and sometimes spectacul

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