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.

PV-Tech Storage Promo


Preview Latest
We won't share your details - promise!


  • Photovoltaics International 24th Edition

    Signs earlier in the year of the global industry entering a growth phase have now been confirmed beyond any doubt. Almost all the big-name suppliers have now announced some form of manufacturing capacity expansion, a trend that analysts agree will only gather pace as long as the levels of demand predicted over the next few years turn out to be correct.

  • Manufacturing The Solar Future: The 2014 Production Annual

    Although the past few years have proved extremely testing for PV equipment manufacturers, falling module prices have driven solar end-market demand to previously unseen levels. That demand is now starting to be felt by manufacturers, to the extent that leading companies are starting to talk about serious capacity expansions later this year and into 2015. This means that the next 12 months will be a critical period if companies throughout the supply chain are to take full advantage of the PV industry’s next growth phase.



Solar Media