Solar equipment makers are in a fierce competition to cut wafer prices, providing some relief for China's efforts to install a massive amount of renewable power and reach ambitious climate targets. | News24_Business
Manufacturers are in fierce competition to cut costs of wafers – or material used in solar cells.The trend could boost China's push for more renewable energy.Solar equipment makers are in a fierce competition to cut wafer prices, providing some relief for China's efforts to install a massive amount of renewable power and reach ambitious climate targets.
The"circuit breaker-style" price plunge is fundamentally due to the falling cost of key material polysilicon, according to a statement by China Silicon Industry Association.
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