Huaxu Energy manufactures small and medium size solar panels to generate sustainable power for your portable electric power and battery charging applications.

Incorporating epoxy resin encapsulated solar cells, PET laminated solar cells and folding solar cells, the power packs will provide an excellent choice for applications that require lightweight, flexible, durable, clean power.

With more than 10 years experience, we deeply understand what customer’s requirements.

Huaxu Energy will be always you RELIABLE supplier of solar panels.

·PET solar panel
·Epoxy solar panel
·Glass solar panel
·Semi-flexible solar panel
·Solar charger(Badger)
·Solar charger(Ultra)
·Solar charger(Dual)
·12V battery charging kits
Suntech's bankruptcy has lessons for govn't
hits:2351 data:2013-3-30 15:56:33

The large PV enterprise in Wuxi of Jiangsu province is bankrupt. The Chinese government and entrepreneurs should reflect on the negative role played by the government behind the scenes, says an editorial in China Business News. Excerpts:

The bankruptcy of Suntech Power's Wuxi subsidiary was almost predictable. The sharp decline of market demand is the direct cause. But its excessive production capacity and rapid expansion is the fundamental cause.

Several years ago, the Chinese government decided to promote the development of new energy technologies and industries. This was the right decision. But when local governments implemented the central authority's decision, they paid too much attention to the fast growth and expansion of the industry. The governments provide many favorable policies in tax, land use and direct government subsidies.

It seemed to the officials that as long as it is a new-energy industry, the faster the enterprises will grow, the brighter their future will be. But the global financial crisis and trade protectionism measures suddenly changed the international market. The large production capacity of Chinese enterprises has become a heavy burden of the enterprises. Yet the government will not pay the debt of bankrupt enterprises, even if they strongly supported the enterprises' expansion at first.

The Chinese government should draw lessons from the bankrupt Wuxi Suntech and rethink its role in market and industrial development because the loss saddles not just businesspeople, but taxpayers as well.

The people should not pay for the government's shortsightedness and miscalculations.

Home | About Huaxu | Products | Equipment | News Center | Online Order | Contact Us
Copyright 2006-2019 Huaxu Energy Technology Co.,Ltd All rights reserved. PET laminated solar panel | Epoxy resin solar panel
Add: Building A3, Yijing Industrial Park, Guangming District, Shenzhen 518034 China Tel:86-755-23486169 Email: