TOKYO -- Solar panel prices have dropped by half over the past year amid a flood of supply from China that has led European manufacturers to shut down factories and seek support from policymakers.
With plants closing, EU industry groups warn of bankruptcy risk without support
A solar farm in Cestas, France. The overcapacity of solar panel production has been a particular problem for European manufacturers. © Reuters
TOKYO -- Solar panel prices have dropped by half over the past year amid a flood of supply from China that has led European manufacturers to shut down factories and seek support from policymakers.