Business Maverick: Solar industry facing whiplash from volatile equipment prices

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 84%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Even as solar power grows into one of the world’s largest sources of new energy, the industry behind it is facing unprecedented volatility as a battle for profits intensifies.

The roller-coaster ride is best seen through the lens of polysilicon, the key material in solar panels. Prices fell more than 40% over the course of a few weeks starting in December, and then rebounded more than 50% in less than a month.

“The solar value chain has undergone one of the most volatile two months in history, with major product prices bumping up and down by wide margins,” said Tony Fei, an analyst with BOCI Research. The firm said the volatility was the result of “extreme inter-segment competition for profits”. The ups and downs so far haven’t had an impact on overall solar demand, which grew by a record amount last year that is expected to be eclipsed this year. But it is causing multibillion-dollar solar giants to rapidly adjust pricing strategies as they whipsaw between seeking to protect profit margins and market share.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business Maverick: China removes PICC, Bank of China chairmen from party rolesChina abruptly removed the Communist Party chiefs from two of its biggest state-owned financial firms, sparking concerns of a renewed clampdown on the sector.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

Business Maverick: Dollar up, stocks fluctuate as traders mull rates: markets wrapThe dollar edged higher on Monday, adding to a third week of gains as hawkish comments by Federal Reserve officials and geopolitical tensions bolstered the appeal of the greenback.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

Business Maverick: Oil gains after weekly loss as China recovery competes with FedOil rose after a weekly loss on hopes that a Chinese demand rebound is picking up pace following the end of Covid Zero, outweighing hawkish signals from the Federal Reserve.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

Business Maverick: Russian Economy Shrank 2.1% Last Year, Less Than Once ExpectedRussia’s economy contracted 2.1% last year, defying the worst fears of a major recession as surging commodity exports helped offset the impact of US and European sanctions imposed over President Vladimir Putin’s invasion of Ukraine.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

Business Maverick: Northern Ireland Enjoys a Brexit Dividend — But for How Long?The UK government has never been happy with Northern Ireland’s post-Brexit status. Boris Johnson’s divorce deal with the European Union handed Northern Ireland an advantage — keeping one foot in the bloc’s single market and the other in Britain’s — that has paid economic dividends, if not political ones. It is the only part of the UK outside of London that has fully recovered output lost to the coronavirus pandemic.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

BUSINESS MAVERICK: Cartoon Tuesday with RicoShare to Facebook Facebook Share to Twitter Twitter Share to Email App Email App Share to WhatsApp WhatsApp Hide
La source: dailymaverick - 🏆 3. / 84 Lire la suite »