European solar industry warns of bankruptcies as Chinese oversupply pushes module prices sharply lower
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European solar industry warns of bankruptcy risk as module prices drop sharply in 2022.
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SolarPower Europe letter to European Commission says low prices could force EU companies into insolvency.
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Group calls for EU measures like stockpile purchases and boosting solar demand in Europe.
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Cites overcapacity among Chinese suppliers as contributing to price declines.
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SolarPower Europe warns situation poses risk to EU goal of reshoring solar supply chain.