In recent days, the Chinese solar cell company Shandong Light and Power Group (SLPG) has reported that its Taishan power generation station has lost nearly half of its capacity due to severe weather conditions. This is a significant setback for the company as it aims to meet its ambitious target of generating 25 gigawatts of electricity by 2018.
The loss of Taishan's power generation capacity comes at a time when the company is facing financial difficulties. The company has been struggling with high costs associated with its operations, including production costs and maintenance expenses. These expenses have risen sharply in recent years, which has caused a strain on the company's finances.
Furthermore, the company has also faced criticism from environmental groups over its practices in producing solar cells. Some critics argue that the company's production methods violate environmental regulations and may contribute to climate change.
Despite these challenges, SLPG has remained committed to its goal of generating 25 gigawatts of electricity by 2018. However, the recent losses have raised concerns about the company's ability to continue operating efficiently and effectively. The company will need to find ways to reduce its operational costs and improve its sustainability practices if it wants to achieve its ambitious targets.
In conclusion, the loss of Taishan's power generation capacity is a major setback for the company. Despite the company's efforts to mitigate its impact on the environment, it remains vulnerable to future economic downturns and regulatory changes. The company will need to carefully consider its options and take steps to ensure its long-term success.