re: Ann: CBD and Tianwei to establish Solar M...
Do not worry, they will continue to manafacture in China as well.
I would say that this JV is an insurance policy by CBD to ensure they have the necessary solar modules for their projects. They have done the same thing with the inverters, responding to world wide shortage.
If they have their own supply of PV components, they can confidently go after as many projects as their facilities can support.
CBD Price at posting:
11.0¢ Sentiment: LT Buy Disclosure: Held