The Photovoltaic Industry Association Calls For Bids Not To Be Below Cost

Source: Daily Economic News

JinkoSolar: This shows that the consensus reached in the previous meeting is being implemented quickly

On October 14, the China Photovoltaic Industry Association held a special symposium in Shanghai to prevent the industry's "involutionary" vicious competition. On the evening of October 18, the China Photovoltaic Industry Association issued a document stating that bidding below cost is suspected of being illegal. The document stated: "The cost of CNY0.68/W is already the lowest cost for outstanding companies in the current industry under the premise of ensuring product quality.

On October 21, a relevant staff member of JinkoSolar responded to reporters: "From the feedback from the participants, all parties have a positive attitude and reached a consensus, and have deployed specific work from the two aspects of "limiting low prices" and "removing capacity". The meeting was initiated by the industry association, and it has also received attention and support from various regulatory departments and decision-makers.

The follow-up effect is worth looking forward to. Last Friday, the association issued a call to limit the minimum bid price, indicating that the consensus of the meeting is being quickly implemented. As an enterprise, we welcome and support it, and hope that more long-term mechanisms can be formed as soon as possible to help the industry return to a healthy development track as soon as possible. "