It is thought that China’s solar panel manufacturing industry is not currently sustainable at its current capacity, following pressure due to a substantial drop in demand.
Significant growth in the sector, due to economies across the globe investing heavily in renewable technologies, has resulted in a dramatic drop in prices recently, that European manufacturers blame on cheaper Chinese Solar PV imports.
State-owned Xinhua news agency has reported recently that the government has been refunding a large proportion of VAT to these enterprises to assist with their mounting debts.
Richard is a seasoned director and a respected authority in the field of renewable energy, leveraging his extensive experience working with and for large PLC's in the AEC (Architecture, Engineering & Construction) industry.
He has worked on hundreds of projects across the United Kingdom like HS2 and other major critical highways and infrastructure projects, both for the public and private sectors.
He is one of the chief driving forces behind the creation, development, and management of The Renewable Energy Hub, your premier online destination for sustainable energy knowledge and resources.