Eighty-Eight Percent of Greater China Solar Panel Suppliers Set to Lower or Stabilize Prices

Despite higher polysilicon prices, most Greater China solar panel manufacturers say they plan to lower or keep prices steady to win market share.

This is according to Global Sources' GSOL China Sourcing Report:

Solar Panels

The Report shows 88 percent of suppliers plan to decrease or keep prices stable, while only 12 percent plan to increase prices.

"With the polysilicon shortage expected to continue until 2009, most manufacturers are implementing measures to streamline production," said Report publisher, Spenser Au. "These include expanding to gain economies of scale, backward integration and R&D to produce thinner solar cells that require less polysilicon."

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600450 Eighty-Eight Percent of Greater China Solar Panel Suppliers Set to Lower or Stabilize Prices glassonweb.com

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