Chinese Solar Giants Hold Closed-Door Meeting in Hangzhou on Capacity Curbs

The shift from open price competition to coordinated capacity restraint is a notable governance experiment for a sector that has repeatedly overbuilt. If the mechanism holds, it could stabilize polysilicon and module pricing, with knock-on effects for downstream solar costs and for buyers of Chinese modules. The open question is enforcement: voluntary output curbs and price floors have historically been difficult to sustain when individual producers face incentives to defect, so whether this plan is actually binding will matter more than its announcement.