Coronavirus Hits Solar Panel Market

Solar panels prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak.

The Coronavirus Disease (COVID-19), a respiratory disease that first appeared in China, has a reported 90,870 cases, including in the United States, according to WHO. There have been 3,112 deaths worldwide associated with the Coronavirus. Nine people have died in the United States alone from the virus, according to The New York Times.

While the primary concern is the health and wellbeing of the populous at large, there’s no denying that the Coronavirus is also beginning to wreak havoc on the stock market and economies across the world—and the solar sector is not exempt.

Since the outbreak continues to rapidly spread, the United States’ stock market has dipped to its worst point since 2018. Industry thought leaders fear that solar prices and stocks are not far behind.

Read more on Solar Magazine.