25 Jun '12, 8am

Supply/Demand Balance Restored to PV Industry in Second Half of 2012

Supply/Demand Balance Restored to PV Industry in Second Half of 2012

Supply/Demand Balance Restored to PV Industry in Second Half of 2012 Strong Year-End Demand Motivates Aggressive Cost Reductions Across the Value-Chain as PV Prices Continue to Fall Santa Clara, Calif., June 25, 2012 —The leading metrics influencing PV industry supply and demand (module production, supply and market-demand) are forecast to come to within 8% of the second-half market demand of 17.2 GW, according to recent findings in the latest NPD Solarbuzz Quarterly report. This follows two years of turbulent over-capacity, over-supply, and inventory build in both the upstream and downstream segments of the value-chain. According to Michael Barker , Analyst at NPD Solarbuzz, “The PV industry has been suffering from a significant imbalance between supply and demand for over 18 months, causing severe price erosion and reducing corporate margins. However, confidence in stron...

Full article: http://www.solarbuzz.com/news/recent-findings/supplydeman...

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