It seems that the renewable energy news comming out of China just keeps on growing. In a bit of bad news it seems that even the Chinese are not immune to the global silicon shortage.
“Solar cell prices, which have increased by about US$0.30 per watt in the past two years, are expected to rise further, driving the cost of solar panels higher,” said Global Sources general manager of Content Development, Michael Kleist.
“With margins at about five percent for many manufacturers, the market is expected to continue to be challenging in the months ahead.”
Continue reading Sixty-Seven Percent Of China Solar Panel Manufacturers Plan To Raise Prices In 2007