Big solar panel manufacturers boost production as costs fall

Several big solar-panel makers are ramping up production in a boon to clean energy. A key reason: the collapse of material costs that had been elevated for more than a year.

Three leading Chinese module manufacturers are bumping up January output forecasts, according to Shanghai Metals Market, which didn’t identify its sources. Promising near-term demand is another factor driving the output boost.

JA Solar Technology Co. has a more positive expectation for the solar market this quarter than previously, the company said in a WeChat message, though didn’t specify if it would raise production. Major competitors Longi Green Energy Technology Co. and Jinko Solar Co., didn’t immediately respond to requests for comment. The China Photovoltaic Industry Association declined to comment.

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Source: Bloomberg

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