The decline reflects the broad trend across the solar manufacturing industry, where severe downward pressure on prices—brought about by an excess of product supply—has squeezed manufacturers' margins and pushed some into the red.
A round-up of news from China with an EPC contract for a 250MW solar PV plant in Cambodia, the Philippines' 'first' large-scale floating solar PV (FPV) project and CECEP's subsidiary begins construction on 650MWp plant.