Crisis in the Global Solar Market: Oversupply, Plummeting Prices, and Recent Bankruptcies
The global photovoltaic (PV) market is currently grappling with a severe crisis characterized by oversupply, plummeting prices, and widespread financial losses, contrasting sharply with its previous status as a beacon of renewable energy. According to BloombergNEF’s 3Q 2024 Global PV Market Outlook, despite an anticipated 33% increase in installations reaching Read more…