Photovoltaic modules at a solar power plant near Golmud, Qinghai province, China. Photographer: Qilai Shen/Bloomberg Bloomberg News China’s government is preparing to intervene to halt soaring polysilicon prices that have suppressed demand for solar panels. The Ministry of Industry and Information Technology is in the midst of “intensive progress” in leading relevant departments to coordinate on the issue, according to Wang Bohua, head of the China Photovoltaic Industry Association. A call to the ministry seeking comment went unanswered. Prices for the ultra-conductive material have surged to a 10-year high, propelled by strong adoption of clean energy and supply constraints after several factories halted output for maintenance. Higher costs have begun to suppress demand, especially for giant utility-scale solar farms that are more price sensitive, Wang said at the group’s mid-year meeting Thursday, according to a report from Red Star News. “The price issue has had a serious impact on […]