Cryptocurrency Q&A Why is solar falling?

Why is solar falling?

Alessandra Alessandra Wed Nov 06 2024 | 5 answers 1149
I've noticed that solar energy seems to be declining in popularity or effectiveness recently. I want to understand the reasons behind this trend. Is it due to technological issues, economic factors, or something else entirely? Why is solar falling? Why is solar falling?

5 answers

BlockchainLegend BlockchainLegend Fri Nov 08 2024
Factories across the industry are operating well below their break-even levels due to this excess capacity.

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WhisperInfinity WhisperInfinity Fri Nov 08 2024
The solar supply chain is currently experiencing a significant imbalance between manufacturing capacity and demand.

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Bianca Bianca Thu Nov 07 2024
This imbalance has had a drastic impact on pricing, pushing prices for solar products below their production costs.

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IncheonBeauty IncheonBeauty Thu Nov 07 2024
Polysilicon, which is a crucial raw material for the production of solar cells, has been particularly affected by this trend.

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KatanaSwordsmanship KatanaSwordsmanship Thu Nov 07 2024
Since the start of the year, the price of polysilicon has seen a steep decline, dropping by a staggering 40%.

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