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%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

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.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

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.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

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.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

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.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

BUSINESS MAVERICK: Cartoon Tuesday with RicoShare to Facebook Facebook Share to Twitter Twitter Share to Email App Email App Share to WhatsApp WhatsApp Hide
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »