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.
PV Talk: Alex Zhu, CEO of US-based solar cell manufacturer ES Foundry discusses why a heated litigation landscape led to a choice of PERC cell technology for the South Carolina factory, the fate of US tax credits and taking advantage of wafer surplus in southeast Asia.