Solar Power News
In 2009 there will be half of the global solar panels unsalable
Written by Wellsee Solar Thursday, 10 December 2009 08:40
A new report points out that in 2009 there will be half of the global solar panels (PV) unmarketable.
U.S. consultancy firm iSuppli issued a report earlier this month that the phenomenon of over-supply of solar panels will continue until 2012, the report also noted that the 2008 has the world's 50% of the installed equipment, Spain, will be tariff policy shift to increase the equipment manufacturer production decisions, This has also produced a certain influence.
While at 13, the world's second largest solar panels manufacturers, the German company Q-Cells, layoffs 500, in 2009 an operating loss of 41 million pounds in the first half of the event, has further enhanced the accuracy of this forecast. This is not an isolated result: Chinese enterprises ReneSola and JA Solar have announced a second quarter loss statements.
Despite these alarming figures, solar Trade Association chief executive David Matthews said he remained confident: "Although the Government's policy seems to be creating prosperity and micro-market slump and the solar thermal market is the most important thing is the development and the creation of employment opportunities. I expect that in the implementation of incentive policies for renewable heat, the annual growth rate of a year will be steady growth over the same period the previous year. "
In fact, not all just doom and gloom voices. Headquartered in the United States, the world's largest solar manufacturer First Solar has announced its second-quarter profits of 180 million U.S. dollars (109 million pounds), while SunPower's net profit over the same period more than 24 million U.S. dollars (14.6 million pounds). Main PV manufacturer Sharp and Suntech also predicted positive results, in the face of a recession, both of which continue to increase production to keep market share.
Tags:
Add this page to your favorite Social Bookmarking websites
| < Prev |
|---|