Hi Guys
Just a quick heads up
We are starting to hit supply problems on PV Panels. The reason is that major European Distributors have cancelled orders with Chinese manufacturers. This is because we are awaiting a ruling by the EU as to the amount of duty the Chinese must pay and as this could be backdated 3 months with liability falling on the importers most of them are reluctant to take Chinese stock.
There are however stocks of European and North American panels available but this week alone we have seen the cost per watt rise by £0.03.
If you are in the midst of an installation or planning one it may be worth a discussion with your installer to lock in stock to maintain current pricing levels.
On a positive note the Chinese are negotiating with the EU so we are hopeful of a speedy settlement.
I'll keep you informed as things develop
Just a quick heads up
We are starting to hit supply problems on PV Panels. The reason is that major European Distributors have cancelled orders with Chinese manufacturers. This is because we are awaiting a ruling by the EU as to the amount of duty the Chinese must pay and as this could be backdated 3 months with liability falling on the importers most of them are reluctant to take Chinese stock.
There are however stocks of European and North American panels available but this week alone we have seen the cost per watt rise by £0.03.
If you are in the midst of an installation or planning one it may be worth a discussion with your installer to lock in stock to maintain current pricing levels.
On a positive note the Chinese are negotiating with the EU so we are hopeful of a speedy settlement.
I'll keep you informed as things develop