China Solar Panel Output In August And Forecast For September   

According to SMM statistics, domestic solar panel production in August was approximately 53.1GW, an increase of 15.2% from July, but the gain was significantly lower than 21.5% in July. The solar panel production in September is expected to be 50.3GW, down 5% MoM. Currently, solar panel profitability failed to improve significantly. Major integrated solar panel producers had acceptable profits with cost advantages, while third- and fourth-tier ones were under pressure of losses, bringing with it production halts or cutbacks of a few small makers. Therefore, September may see solar panel output drop.