Chinese solar manufacturer Lingda Group Co. has terminated plans to build a new 9.15 billion yuan ($1.3 billion) cell production plant as severe overcapacity threatens a wave of bankruptcies and consolidations in the industry.
Chinese solar manufacturer Lingda Group Co. has terminated plans to build a new 9.15 billion yuan ($1.3 billion) cell production plant as severe overcapacity threatens a wave of bankruptcies and consolidations in the industry.