World stuck in major solar panel ‘supply glut’; module prices plummet: IEA
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The world’s solar manufacturing capacity is set to remain at more than double annual installations in the coming years, with the dynamics of oversupply continuing to depress panel prices, according to the International Energy Agency. Global solar production capacity reached almost 800 GW at the end of 2023 with 330 GW of new manufacturing plants built during the year, the…The world’s solar manufacturing capacity is set to remain at more than double annual installations in the coming years, with the dynamics of oversupply continuing to depress panel prices, according to the International Energy Agency. Global solar production capacity reached almost 800 GW at the end of 2023 with 330 GW of new manufacturing plants built during the year, the… Read More