RobertN
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Solar prices drop more, pressuring panel makers
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04-15-2012 03:16 PM |
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Ninerfan1
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RE: Solar prices drop more, pressuring panel makers
Quote:Global demand for solar panels grew by about 40 percent last year, but excess manufacturing capacity has created a glut of supplies that forced companies such as Suntech, Yingli, Trina and SunPower to slash prices.
Translation, they made more than demanded. Why? Because governments subsidized them to.
If they had built their business around demand, and based their production on the demand, they wouldn't be having this problem.
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04-15-2012 03:27 PM |
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