A record high for solar M&A

Solar M&A activity hits a record high in an indication of the stressed environment, while China drags South Korea into its solar trade war with US as it seeks to aid its solar companies.

China, smarting from imposition of anti-dumping duties of as much as 250 per cent on solar panel imports by US two months ago, has adopted a two-pronged strategy to provide relief to its industries along the solar value chain.

While increasing domestic demand on one hand, it formally started last week its own probes into dumping and illegal subsidies, drawing South Korea into the vortex of what was originally a China-US dispute.



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