Solar module prices hit all-time low as inventories pile up

SolarCity solar panels

A lack of demand for photovoltaic wafers, cells and modules has lead to an overstock of inventory and the lowest prices in the history of the solar power market, according to a new report.

The report, from EnergyTrend, a division of market research firm TrendForce, said photovoltaics have encountered a freeze in demand as the industry enters the third quarter of 2016.

Lucas Mearian

Solar panels installed on a rooftop by SolarCity.

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