PVinsights: Beleaguered Solar Risks More Pain amid Overcapacity

Global panels are recorded at new lows as evidence of uneven supply and demand in the biggest solar market fuels pessimism that it continues to deteriorate the oversupply further by way of additional capacity and the demand weakness by the restricted FIT policy. Nevertheless, the drop of solar panel prices this week is more tenderly this week due to the limited declines in the Chinese and Indian markets. As 2nd tier Chinese module makers have dominated the prices disruption in China, India, and the emerging countries, where no punitive tariffs were enforced, the module prices have slumped more than 5% in the past three weeks. The flexibility for Chinese module makers to offer slashed prices has become less after the sharp fall, resulting the solar panel prices in China and India decline more slightly this week.

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