NewEnergyNews More: MORE SOLAR MODULES & LOWER SOLAR PRICES

Every day is Earthday.

Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

email: herman@NewEnergyNews.net

-------------------

Your intrepid reporter

-------------------

    A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

-------------------

Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • Wednesday, October 5, 2011

    MORE SOLAR MODULES & LOWER SOLAR PRICES

    Production Cutbacks Insufficient to Prevent Solar Module Inventory Buildup; Current Production Plans and Demand Outlook Suggest Oversupply Will Be Maintained into Next Year
    September 26, 2011 (solarbuzz)

    "Continued solar module overproduction will lead to sustained price pressure across global photovoltaic (PV) markets, already reeling from factory gate prices now down 33% Y/Y…

    "Preliminary analysis from Solarbuzz shows Q3'11 global demand growing by less than 1% Q/Q, but up 20% Y/Y. European markets are projected to account for 58% of Q3’11 global demand, down from 78% in the same quarter last year. Among the largest PV markets, the US and China are seeing the fastest rates of growth among major markets in Q3’11."


    from solarbuzz - click to enlarge

    "While some manufacturers have started to cut back their production and shipment plans, tier-one Chinese companies have maintained their full year shipment guidance. If manufacturers meet their 2H’11 guidance, global shipments are forecast to exceed end-market demand by 4.4 GW.

    "Price cuts have started to stimulate 2H’11 end-market demand, but to date, this has occurred more slowly than expected…[D]ownstream companies across Europe face the unnerving decision of whether to build inventories…Failure to cut back production will result in soaring module inventory levels to almost 22 GW by the end of next year. In order to maintain the same level of inventory…production would need to be cut back by approximately 11 GW…"

    0 Comments:

    Post a Comment

    Note: Only a member of this blog may post a comment.

    << Home