China's Ministry of Industry and Information Technology has announced revisions to photovoltaic manufacturing industry standards, addressing current challenges like businesses' repetitive expansion of low-level production capacity and falling profitability, to promote the PV industry's healthier development.
Revisions include raising the minimum proportion of investment that must be funded by shareholders' own capital to 30 percent. Previously, the 2021 regulations for the photovoltaic manufacturing industry set a minimum ratio of 30 percent for new and expanded polysilicon projects, and 20 percent for other new and expanded photovoltaic projects.
