Solar switch-off may leave LONGi’s panels in storage — Panjiva


Solar switch-off may leave LONGi’s panels in storage

China 2393 Coronavirus 256 Energy - Renewables 123 Malaysia 87 U.S. 4229

The U.S. solar power industry may see employment drop to 188,000 workers from 302,000 as a result of the COVID-19 pandemic cutting new installations according to SEIA. Imports of solar energy equipment continue to surge despite the slowdown in installations, raising the risk of a jump in unused inventories. U.S. seaborne imports surged 278% higher year over year in the first four months of the year including a 188% jump in April despite manufacturing disruptions in China and Malaysia. There has, however, been a sequential slowdown in April with shipments down 8.9% versus the Q1 average. ...

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