PV-Tech Newscast – December 21, 2012

The doom and gloom that has permeated the PV industry this year will spread into 2013, according to IHS. Global industry revenue will continue to fall, with 2013 revenue expected to be in the range of US$75 billion. Contrary to accusations of over-subsidisation by the Chinese government from EU ProSun, overcapacity, weak demand and uncompetitive production have forced around 90% of polysilicon producers in China to suspend production. The thin-film sector is not faring much better, with numerous corporate failures within the PV thin-film sector and especially within the flexible thin-film category in 2012. The most recent victim has been Global Solar, while one of the largest firms Energy Conversion Devices succumbed to bankruptcy in 2012. However, ending this year on a positive note are the Japanese who have been very productive this year, with renewable energy capacity reaching a total of 1.443GW. Companies: Alliance for Affordable Solar Energy, Asia Silicon, British Photovoltaic Association, Canadian Solar, Daqo, Energy Conversion Devices, EU ProSun, G24 Innovations, GCL-Poly, Global Solar, GT Advanced Technologies, Hemlock, IHS, Konarka, LDK Solar, MEMC, Meyer Burger, SolarWorld, VHF-Technologies/Flexcell, Wacker.

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