IPFS News Link • Supply Chain Disruption
LG Electronics Shutters Alabama Solar Factory Amid "Rising Commodity Costs"
• https://www.zerohedge.com by Tyler Durden"The decision comes as uncertainties in the global solar panel business continue to increase due to a variety of contributing factors, including the intensification of price competition and the rising cost of raw materials," LG said.
Soaring commodity prices have sent solar-grade polysilicon prices up more than 550% in the last two years. Polysilicon is a critical raw material in producing solar photovoltaic cells for panels.