Tianjin Binhai Energy has terminated plans for a 15GW ingot and cell manufacturing facility in Inner Mongolia. The company is shifting its investment toward silicon-carbon anode materials for lithium batteries to avoid the severe overcapacity and price wars currently hitting the solar PV sector. This pivot highlights a broader trend of non-specialist firms exiting the solar supply chain as module prices drop below production costs. Binhai Energy is now focusing on high-margin battery components that offer better energy density and growth potential than traditional solar cells.
