CelloMomOnCars,
@CelloMomOnCars@mastodon.social avatar

In case you thought that oil and gas were the only energy commodities that see booms and busts:

"[Chinese solar] companies are trying to turn a corner after #solar manufacturers saw profits vanish as a wave of new factories that were aimed at capturing a growing market came online in the past year. Instead, the new supply has overwhelmed demand, sending panel prices to record lows and annihilating margins."

https://www.bloomberg.com/news/articles/2024-05-07/china-s-solar-panel-giants-say-prices-are-near-the-bottom

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