AS Published on Monday 27 November 2023 - n° 467 - Categories:PV Watch
A look at the overproduction of panels and its consequences
The photovoltaic industry has embarked on a race for volume. They ended up overproducing, leading to a significant drop in prices. Initially, they benefited from the fall in silicon prices. In the second phase, they are forced to look for savings, innovations and ways of selling without losing too much on each panel sold. Are we going to see prices fall for almost another twelve months before they recover? Will there be an event that suspends this spiral to the lowest price?
Strangely enough, panel buyers may not be the winners in this price downturn.
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