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Solar Power Buyers Loved 2018, But Panel Makers Loathed It

  • Tariffs, end of China subsidy sparked huge losses this year
  • Global installations on track to climb as new markets open
Aerial Views Of The Primrose Solar Ltd Southwick PV Solar Plant

Photographer: Simon Dawson/Bloomberg

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Solar-panel makers had an awful 2018, but their customers really enjoyed it.

Module manufacturers lost about 40 percent of their market value this year, even as the number of installations hit another record. The problem? Most makers are having to sell solar modules for below cost to compete with Chinese supplies. That’s helped buyers of solar power, which in some cases is now cheaper than fossil fuel-powered energy.