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Solar Industry Crimped by Supply-Chain and Logistical Challenges

From bnnbloomberg.ca

Supply-chain headaches for everything from glass to shipping capacity are pinching the solar industry. SolarEdge Technologies Inc. tumbled as much as 16%, the most in almost four months, after warning that margins will shrink slightly in coming months amid logistics-related cost pressures. The solar industry is facing a constellation of issues this year including higher prices for steel and aluminum, as well as elevated freight costs. SolarEdge’s disclosure came a week after rival solar-parts maker Enphase Energy Inc. said there’s no sign the worldwide shortage of semiconductor components will abate any time soon. ... (full story)

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  • Category: Fundamental Analysis