Solar Shakeout

The last 18 months have been the toughest yet for PV manufacturers and equipment and material suppliers. Massive overcapacity and plummeting prices have led to vanishing margins, sequential quarter financial losses and an ever-growing number of companies struggling to stay afloat, exit the market altogether or simply go bankrupt. The term ‘solar shakeout’ has been widely used in the media to characterize current market conditions.

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Publications

  • 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.

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Solar Media