China solar gear makers threaten to scrap pacts

Leading Chinese solar equipment manufacturers are once again threatening to pull out of supply contracts to Indian power developers, a second such instance in four months.

Chinese solar manufacturing companies JA Solar, Trina Solar, and Risen Energy have threatened to pull out of existing contracts blaming the global commodity supercycle that has led to a surge in prices of polysilicon, the main raw material used in the making of solar panels.