OCI & Hanwha to remain the serious Contenders Major Korean conglomerates such as Samung, Hyundai and Hanwha had made massive investments in renewable energy spurred on by the Korean government. These companies had gone into manufacturing components using the crystalline solar technology. Samsung and Hyundai solar panels were being sold in different countries using the […]

Strong Government Support to Chinese Solar Companies No big Chinese solar company has failed till now despite most of them losing almost all of their value and trading mostly as penny stocks. This is in sharp contrast to the failure of hundreds of Western solar companies. The reason is that the Chinese local governments are […]

China is the world’s largest manufacturer of solar panels and its intermediates like crystalline silicon ingots, wafers and cells. The country is also the biggest exporter of solar panels with exports of nearly $35 billion in 2011 alone. However the massive oversupply and bankruptcy of western solar companies has led to a massive backlash against […]

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 […]

Global Green Battles The Global Green War had started with the US imposing duties on imports of Chinese made solar panels and cells. Subsequently dumping charges were also imposed on wind energy equipment made in China as well. China has not been able to do much against these duties as it exports almost 80-90% of […]

The price crash for solar panels seem to be never ending with the latest solar module prices ending at around 72c/watt for normal crystalline solar panels. Note this solar panel price equates to the COGs of the best in class lowest solar panel manufacturers like Trina Solar. This implies that the whole industry is losing […]