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Module Glut, Cell Shortages Drag Down Solar Manufacturing Plant Utilization

Integrated manufacturers remain better placed as cell shortages hit standalone assemblers

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The supply mismatch between India’s solar module and cell capacity has had an unlikely fallout: low utilization of module manufacturing lines. With average capacity utilization at about 35% to 40%, manufacturers are struggling to keep their lines running as module capacity continues to expand while domestic cell production lags.

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