Given that customers have been unable to collect goods, solar equipment companies have faced financial difficulties. Due to the negative impact of overcapacity in the photovoltaic industry, downstream companies have begun to reduce capital expenditure and stop expanding. Due to the limited amount of orders, it is said that solar equipment companies have begun layoffs to reduce costs.
In June, Centrotherm, a German solar energy equipment company, announced that the company is in a troubled credit limit.
According to foreign media reports, Japan's solar cell simulation equipment company NPC plans to reduce staff salaries and layoffs to reduce the investment in the solar cell equipment sector.
Insiders pointed out that downstream solar energy companies are not willing to continue to expand production capacity. Many solar equipments are idle at the Chinese terminals.
In June, Centrotherm, a German solar energy equipment company, announced that the company is in a troubled credit limit.
According to foreign media reports, Japan's solar cell simulation equipment company NPC plans to reduce staff salaries and layoffs to reduce the investment in the solar cell equipment sector.
Insiders pointed out that downstream solar energy companies are not willing to continue to expand production capacity. Many solar equipments are idle at the Chinese terminals.
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