Passion IT Framework Solar EPC players hit by spike in input costs, forced to rework contracts
Thursday, 07 Jan 2021 10:21 am
PassionIT News
With an over 15-20% increase in raw material prices of steel, copper and aluminum along with a steep 20-25% rise in prices of solar modules, EPC players have been hit hard. With little margins possible under contract terms, many EPC players are renegotiating contracts.