Wednesday February 8, 2012

Solar Industry Prices May Be Coming Down Sharply

According to a chief solar analyst as iSuppli Corp., the solar industry is facing a permanent ratcheting down of price structures that will change the face of the industry. While predicting a strong rebound in demand for solar panels this year, with a 64% increase in installed watts, PV faces such steep price declines that companies will need to accelerate their cost-reduction programs, said Henning Wicht, senior director and principal analyst for photovoltaic systems at... Read More

 

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