Solar material makers have stated that China has been expanding domestic demand and some tier-one solar firms have been seeing capacity utilization rate rebound to 50% in October from 20-30% in September.
China's government has been stimulating domestic demand such as raising installation target to 15GW in its 12th Five-Year Plan and increasing 2012 Golden Sun Demonstration Project from 1.7GW to 3.2GW. China also has plans to invest CNY70 billion (US$11 billion) to implement policies such as providing new energy for cities and construct solar installations in areas without access to conventional electricity.
Meanwhile, Taiwan-based solar firms have seen capacity utilization rate reach above 70% due to growth in Japan's solar market.
Some China-based solar firms see capacity utilization rates return to 50%