Hoarding: European warehouses storing €7 billion worth of solar panels – report
Chinese-manufactured solar photovoltaic panels are piling up in European warehouses, with approximately 40 gigawatts-direct current of capacity in storage.
"The short-term drive is upward but the valuation is on the high side, and the risk of volatility will increase in June-July," Zhongzhou Futures analysts said.
China, the world’s biggest producer of magnet rare earth oxides could stop exporting the group of minerals within the next decade due to increasing domestic demand and a shortage in global supply.