AS Published on Tuesday 23 February 2021 - n° 351 - Categories:PV Watch

A look at the racketeering suffered by Europeans for the benefit of PV manufacturers

A look at the racketeering suffered by Europeans for the benefit of PV manufacturers

The dictionary defines racketeering as "Extortion of money by intimidation or violence". This seems to fit perfectly with Chinese panel manufacturers, who have organised price hikes and "adapted" tariffs to attract the customers of 2nd or 3rd tier manufacturers to drive them out of business. They have strengthened their grip on the supply of panels in order to be able to organise prices, control distribution, and earn staggering net operating margins. We have entered the age of the racket of panel users. 2021 will see the confirmation of this trend.

Read next: 

You can read the entire article by subscribing or spending credits.

Sign in
Buy credits or subscribe

Subscribe to the newsletter "Le Fil de l'Actu"...