Sharp’s Revenues Double Itself The Japanese electronics giant Sharp has seen its revenues from solar sales double in the first quarter of 2013 to almost $850 million, as Japan is all set to become the largest/ 2nd largest market in the world for solar panels. Japan has been seeing a huge surge in solar panel […]

Panasonic halts Solar Panel Expansion Panasonic the iconic Japanese conglomerate which manufactures a mind boggling variety of products is facing the same fate as that of Sharp. Note Sharp which is amongst the top 5 global producer of solar panels announced a massive cutback of its solar manufacturing and retreat from Europe. This was done […]

Japan increases Solar Panel Efficiency Criteria to curtail foreign imports Asian countries like Japan and China routinely erect non explicit barriers to imports to protect their domestic firms. This is not isolated to solar panels but extends to other industries as well. The governments and the financial institutions exhibit a strong nationalistic streak to support […]

Greenworldinestor has been pointing out the rapidly deteriorating competitive position of Sharp in the solar panel market for the last couple of years. We have even pointed out that it was not worth buying a Sharp solar panel given the alternative. Now as predicted Sharp has bailed out of the solar market almost completely selling […]

Sharp strikes a deal with Hon Hai Sharp Industries is in a very bad shape losing billions of dollars last year as its TV and solar panel business floundered in the face of heightened global competition from Korean and Chinese players. The high cost of its domestic manufacturing base and the rising yen led to […]

The whole solar panel industry has been in a tailspin as the massive solar glut takes toll of the whole industry. The industry downturn which started in 2011 has not stopped as solar panel prices have crashed to new all time lows with European demand pull in ending and inventories building up. While many of […]