Business Maverick: China’s Solar Giants Forced to Cut Prices as Virus Curbs Demand

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

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Chinese manufacturers that dominate nearly every step in the global solar power supply chain are being forced to slash prices as the coronavirus disrupts projects around the world.

Costs for solar power components like wafers and cells have fallen by as much as 20% since the start of the year. They likely haven’t bottomed out yet, either, as the outlook for demand remains uncertain and new mega-factories threatens to add supply.

“The coronavirus added uncertainties to demand, especially overseas. Prices are still under certain pressure,” said CMB International Securities Ltd. analyst Robin Xiao. “But if the world is gradually recovering from the epidemic from the fourth quarter, cheaper prices may significantly raise competitiveness of photovoltaics.”

With installations slowing, solar giants LONGi Green Energy Technology Co. and Tongwei Co. have had to cut product prices several times in the past two months to maintain market share. Wafers and cells have become at least 20% cheaper this year while panel prices eased 10%, BNEF data show.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Business Maverick: Hong Kong Stocks See Relief Gains; Dollar Slips: Markets WrapStocks in Asia nudged higher, with Hong Kong jumping at the open after U.S. President Donald Trump on Friday stopped short of specifying tough sanctions over China’s new national security law for Hong Kong.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »