MEXICOWANDERER
Apr 13, 2015Explorer
Chinese Solar Panel Prices
Notes excerpts from yesterday's email from Lin...
"I expect panel prices to drop further this year. A significant cut in prices is likely. The government released data Saturday showing a 14% cut in export Yuan (currency) earnings. The only recourse is to reduce prices and stimulate sales. Many of the factories in Guangdon province are operating at a zero profit margin to keep unemployment from becoming a political issue. Guangdon is a province very near to Hong Kong"
(Twenty-five cents a watt, maybe? Ihope Ihope Ihope Ihope Ihope)
"I expect panel prices to drop further this year. A significant cut in prices is likely. The government released data Saturday showing a 14% cut in export Yuan (currency) earnings. The only recourse is to reduce prices and stimulate sales. Many of the factories in Guangdon province are operating at a zero profit margin to keep unemployment from becoming a political issue. Guangdon is a province very near to Hong Kong"
(Twenty-five cents a watt, maybe? Ihope Ihope Ihope Ihope Ihope)