A rooftop is covered with solar panels at the Brooklyn Navy Yard in New York in this 2017 file photo. Cheap solar panels, mostly imported from China, led to a boom in the US solar industry during the past decade. Photo: AP A rooftop is covered with solar panels at the Brooklyn Navy Yard in New York in this 2017 file photo. Cheap solar panels, mostly imported from China, led to a boom in the US solar industry during the past decade. Photo: AP
A rooftop is covered with solar panels at the Brooklyn Navy Yard in New York in this 2017 file photo. Cheap solar panels, mostly imported from China, led to a boom in the US solar industry during the past decade. Photo: AP

China’s solar giants forced to cut prices as coronavirus curbs demand

  • This is bad news for the companies that make solar components and could lead to consolidation among some of the smaller players in the industry
  • Chinese manufacturers comprise at least 73 per cent of the global capacity in every step in the global solar power supply chain

Topic |   Energy
A rooftop is covered with solar panels at the Brooklyn Navy Yard in New York in this 2017 file photo. Cheap solar panels, mostly imported from China, led to a boom in the US solar industry during the past decade. Photo: AP A rooftop is covered with solar panels at the Brooklyn Navy Yard in New York in this 2017 file photo. Cheap solar panels, mostly imported from China, led to a boom in the US solar industry during the past decade. Photo: AP
A rooftop is covered with solar panels at the Brooklyn Navy Yard in New York in this 2017 file photo. Cheap solar panels, mostly imported from China, led to a boom in the US solar industry during the past decade. Photo: AP
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