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‘The era of unlimited cheap inventory is ending’

For much of the past two years, Europe’s solar industry has been shaped by a very specific market condition: abundant module oversupply. Global manufacturing expansion, combined with softer-than-expected demand in certain regions, led to a sustained period in which supply consistently exceeded demand. The result was predictable and, for buyers, highly advantageous. Warehouses filled up, spot prices declined almost continuously, and procurement s…
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pv magazine India broke the news on Monday, June 22, 2026.
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