China has been bristling against the hostility in solar trade from major partners such as US and Europe. The dominance of the Chinese solar panel industry with almost 60% of the global demand has made other countries see red. Thousands of Western solar companies have closed, even as China keeps on adding solar capacity. The [...]
Su-kam to acquire a solar panel company The Indian solar panel manufacturers are a sorry lot as global overcapacity in solar modules has meant that they are operating at 10-20% utilization. Despite their repeated pleas, the Indian government has not imposed anti-dumping duties on imports of foreign solar panels. This has meant that global solar [...]
Solar Equipment To solar watchers, this headline provides no new information as solar equipment companies have not only reported drastic revenue decreases, but some have also gone bankrupt (LINK, Centrotherm). Most of the pure play solar equipment suppliers like GTAT, Meyer Burger are looking to survive till the next cycle in capital investment. Solar supply [...]
Bad Times – Solar Equipment Industry To say that Solar Equipment Suppliers to solar panel makers like Trina, Yingli are going through bad times is an understatement. Like the other players in the solar supply chain, major solar capital equipment companies like Applied Materials, GT Advanced Technoloiges, Meyer Burger have seen their revenues and stock [...]
Global Solar Job Massacre We on greenworldinestor, have been closely following the solar industry downturn which seems that it will never end. While solar job cuts are not new to the industry after low cost manufacturing in China, made solar panel production in Europe almost impossible, the sheer scale of cuts continue to surprise. After [...]
Solar Crisis hits Inverter Business Solar Panel Bankruptcies have been dime a dozen in the last couple of years, as a massive overcapacity led to price crash. While solar panel producers have been the worst affected, other players in the supply chain have not been unaffected. Raw material polysilicon suppliers have also seen prices go [...]