CNPV Solar Panels
July 6, 2011
CNPV is one of the bigger Tier 2 Chinese solar panel manufacturers with its factories based in China.The company does not have a big presence in the retail solar panel market as it sells mainly to solar farm developers.However with solar roofs becoming more important as government focus their efforts on residential installations compared to utility installations,it a matter of time before CNPV becomes available through online and offline dealers for residential solar.Quality wise and price wise the company is comparable to the smaller Chinese solar panel producers like CEEG,Sunink,ET Solar and SunEarth.However it does not have the backing of a big parent group so there is the danger that the company may not be available to survive the solar glut which has seen the solar panel prices coming down by more than 50% in 2011.However given its listing on the NYSE and its recent order flow from big distributors,it looks unlikely that it will fail.