Global market ebb and flow
Global market update: Lux Researchs Matt Feinstein talks about the incredible growth and thereafter the unexpected reductions that call for serious rethinking.
Massive, misguided expenditures on capacity expansions and fruitful installation incentives led to explosive growth in the solar industry in recent years. However, intense reductions of those incentives in key markets and egregious oversupply have revealed a volatile demand market, forcing most suppliers to re-think their business models and adjust priorities. As speculation and uncertainty reached …
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