US Solar Panel Makers Losing Out to China

摘要

Several US manufacturers of solar panels have been forced to close down plants this year, as oversupply in the global market has pulled down prices for panels, making it difficult for them to compete against Chinese manufacturers. Standard and Poor's (S&P) said in a recent report that industry participants expect solar panel prices of $1-$1.20 per watt-peak by year-end, adding that "a long-term trend of falling prices has set in."