China Solar Group Flags Raw Material, Labor Shortages on Virus
- Producers amassed just enough material for 1-3 months: CPIA
- China’s overseas plants may be unable to receive components
Solar cells move along a production line in Changzhou, Jiangsu Province, China.
Photographer: Tomohiro Ohsumi/Bloomberg
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China’s solar industry is facing potential raw material and labor shortages amid efforts to contain the coronavirus, curbing their ability to resume full production.
Manufacturers run a higher risk of shortages should factory shutdowns be extended, according to the China Photovoltaic Industry Association, citing feedback from companies. This could raise production costs and increase cash flow pressure.