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 […]
Sharp Solar Panels There have been hundreds of solar bankruptcies in the last couple of years as solar panel prices have gone down by almost 65% and ASPs have approached the COGs of the lowest cost solar panel manufacturers. However the big Japanese solar panel manufacturers have remained insulated from this wave of failures as […]
Sharp is the largest solar company in the world by revenues and has been so for the last few years despite massively increasing competition from Chinese Solar Panel Producers.While other Japanese conglomerates like Sanyo,Mitsubishi and Kyocera have substantially lost solar panel marketshare ,Sharp has managed to retain its leadership position.Though companies like First Solar and Suntech have shipped more solar modules than Sharp,in terms of total dollar sales Sharp is still on top.Sharp which used to make polycrystalline and monocrystalline silicon solar panels has diversified into producing thin film amorphous silicon solar panels.The company has also entered the solar IPP and solar development business in collaboration with Enel Green Power and by acquiring a US Solar Developer Recurrent Energy.However in core solar panel production,Sharp has much higher costs and has lost money consistently.Sharp sells Solar Systems and Solar Inverters as well as Solar Modules.However the challenges in the solar market are considerable with well funded low cost competitors from China and South Korea.Sharp faces the toughest years of its solar history as it fights to survive in this cut throat Solar Market
Solar Shingles are niche solar products meant for use on roofs of houses.There are not a lot of manufacturers of solar shingles as they are a new product and more difficult to install than standard silicon solar panels.Solar Shingles are manufactured by mainly American companies like Dow,Energy Conversion Devices.Their high costs and lack of easy availability has meant that solar shingles have not really caught the imagination of the customers.Also Solar Shingles do not get any added subsidy from the government vis a vis Solar Panels.Thus the higher prices of electricity generated from solar shingles means that they have become a poorer cousin of the mainstream Solar Panels.Also Solar Integrators are more accustomed to buying and installing solar panels which makes it even more difficult to push the sale of solar shingles.
Solar Thin Film Technology has been growing rapidly despite falling costs of the mainstream Photovoltaic Crystalline Silicon Technology.While the current solar supply glut has resulted in some of the thin film solar film companies going out of business,big thin film suppliers continue with their growth plan.Solar Thin Film Technology is supposed to be the 2nd Generation successor to the mainstream Crystalline Silicon (c-Si) Technology which accounts for around 85% of world production.While a number of Weaker Hands in Thin Film have downed shutters,Thin Film Producers continue to grow and expand.The massive growth potential of Solar Energy makes it possible for both of these PV technologies to flourish.Thin Film Technology unlike c-Si has a number of variants.Amorphous Silicon (a-Si),Copper Indium Gallium Sulphide (CIGs) and Cadmium Tellurium (Cd-Te) are the 3 main types of Thin Film Technology.There are a number of manufacturers of all of these 3 types of Technology.CIGs Technology is said to have the most potential in improving efficiency and competing with c-Si,however Cd-Te is currently the top dog as the world’s biggest solar producer First Solar currently uses this technology.a-Si Technology is not that hot with low efficiencies however Oerlikon and Sharp are pushing ahead with developing this technology.