www.bloomberg.com
Soaring silver prices are severely squeezing solar panel manufacturers, adding to the financial strain as the industry struggles to emerge from over two years of losses. The precious metal, a critical component in photovoltaic cells, has seen its value surge, driving up production costs at a time when intense competition is already driving down selling prices. This “cost-price” crunch is creating a difficult balancing act for makers, who must absorb these rising expenses or risk further widening their losses in a challenging market.
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