Photovoltaic (PV) manufacturers are faced with difficult choices, such as whether or not to continue selling at prices that not allow for positive margins, or shutter production and wait for the current situation to settle down.
With significant inventory on the supply side, and expectations for continued low pricing on the demand side, the correction is likely to be long and painful.
Bottom line, if the price of technology per watt peak is below the cost of producing it and technology manufacturers are failing, true grid parity has not been reached.
Click here to read complete article.