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by plorkyeran
721 days ago
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In 2011 solar panel producers were in trouble because China was flooding the market with panels sold below cost, which prompted a new set of tariffs. Those panels were around $1/watt in 2022 dollars. Since then, price per watt has apparently dropped _85%_. It's an industry that's been driving down prices at an absolutely bonkers rate the entire time it's existed, and any time a company falls behind on that they're immediately in very deep trouble. I think it's basically impossible to make predictions about what an industry like that will be in 8-10 years. |
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