Solar Panel Prices ‘Close to Bottom,’ According to Deutsche Bank
01 March 2012 by
BLOOMBERG - Solar panel prices will stop falling after a slump last year pushed them to unprofitable levels, forcing producers to cut output, according to Deutsche Bank AG.
“Prices are close to a bottom,” Vishal Shah, a New York- based managing director and solar analyst for the bank, said in the western Indian city of Jaipur today. “They’ve stabilized across the supply chain because companies are losing money.”