Chinese solar panel makers have urged Beijing to delay surprise subsidy cuts and relax a cap on new projects, according to a letter reviewed by Reuters, protesting that the policy will damage a sector already struggling financially.  In a letter first sent to Xinhua news agency this week, executives from 11 Chinese solar firms said the surprise move to withdraw support, announced on June 1, had come far too soon. They said the sector had racked up huge debts to ensure it could compete with traditional power generators, and still needed another three to five years of government backing. The policy shift by China’s state planner, the National Development and Reform Commission (NDRC), sent solar stocks into freefall, prompting analysts to lower forecasts for global installations this year amid expectations […]