Greenworldinvestor.
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Global Solar Panel Wars - The Complete Story till Now
Why are the Global Solar Panel Wars Occurring
Chinese solar panel producers have increased their market share rapidly in the last 4-5 years displacing
the dominant Western and...
More
Greenworldinvestor.
com
Global Solar Panel Wars - The Complete Story till Now
Why are the Global Solar Panel Wars Occurring
Chinese solar panel producers have increased their market share rapidly in the last 4-5 years displacing
the dominant Western and Japanese solar panel producers.
The rapid decline in costs achieved by the
major China companies like Trina, Jinko, Yingli, Suntech, GCL, Renesola has thrown the business
models of the other solar companies in complete disarray.
These companies not only managed to
drastically decrease the costs, but expanded capacity so furiously that despite the rapid growth in global
demand, the solar panel industry is facing a massive oversupply of solar modules.
The result is that the
western countries annoyed by the decimation of their solar industry and jobs have retaliated by either
imposing or planning to impose duties on the deluge of Chinese solar panels imports.
Many countries and
regions have tried to protect their nascent solar manufact
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