Module industry going through step changes

Global solar demand is expected to fall for the first time ever this year – to about 85-90 GW from 103 GW last year. Most of the leading countries including China, India, US and Japan are reporting significant declines in capacity addition. Result – multi-crystalline module prices have fallen to USD 0.22/ W, down nearly 40% in the last nine months and are predicted widely to fall further to USD 0.18-0.19/ W by Q2 next year…

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