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Domestic manufacturers expand into new markets

By Liu Yiyu ( China Daily ) Updated: 2012-05-02 08:07:29

As the European and US solar markets present more and more difficulties to Chinese photovoltaic companies, such businesses are changing their plans in an attempt at expanding into new markets.

Hanergy Holdings Group Co Ltd has opened its second factory within a month and the seventh in its production operations as the maker of thin films pursues its expansionary ambitions while the market for its products undergoes large changes.

The manufacturer is building production lines to make 1,000-megawatt solar cells in Hainan province.

Domestic manufacturers expand into new markets

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