Solar panels are fixed on a roof in Hefei, capital of east China’s Anhui province. China in May last year cut subsidies for solar farm operators. Photo: Xinhua

Chinese solar farm operator seeks to resolve bond defaults as end of subsidies casts shadow over industry

  • The Hong Kong-listed company has defaulted on loans totalling US$142 million
  • Fitch Ratings says that Chinese solar firms are under significant pressure from delayed subsidy payments and falling value of solar farms
Topic |   Energy

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Solar panels are fixed on a roof in Hefei, capital of east China’s Anhui province. China in May last year cut subsidies for solar farm operators. Photo: Xinhua
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