Overview

• Top Chinese solar firms report combined losses of $2 billion in the first half of the year.
• Excess capacity from rapid expansion has driven prices to record lows, straining profitability.
• Trade tensions with the US and Europe threaten market access for Chinese solar products.
• Analysts predict a wave of factory closures and consolidation to rebalance the market.
• Calls for government intervention include regulating new factories and promoting industry consolidation.