Caixin
Nov 28, 2023 06:41 AM
BUSINESS

Major Chinese Solar Manufacturer Sees Industry Shake-Out Coming

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(Bloomberg) --China’s world-beating solar sector will start seeing smaller equipment makers being forced out next year as prices keep falling, according to one of the leading manufacturers.

Extremely low panel prices are harming profitability across the sector, Gao Jifan, chairman of Trina Solar Co., said during a panel at the BloombergNEF Shanghai Summit on Monday.

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