Solar Panel Sales Seen Dropping First Time in Decade
Fewer solar panels will be installed this year as the first drop in more than a decade worsens a glut of the unsold devices that’s already slashed margins at the top five manufacturers, an analyst survey showed.
Homes and businesses will put up 24.8 gigawatts of solar panels worldwide, according to the average of six forecasts compiled by Bloomberg News. That’s equal to the power of about 20 nuclear reactors and down 10 percent from the 27.7 gigawatts added last year. Installations have grown 61 percent a year on average since 1999, Bloomberg New Energy Finance estimates.
The decline would be the first since Germany began offering premium rates for solar power in 2004, opening the way for mass, utility-scale installations. It will exacerbate price-cutting and a surge in inventories that last year forced Solyndra LLC into bankruptcy, prompted SunPower Corp. to seek a buyout and gutted margins at top manufacturers led by Suntech Power Holdings Co. and First Solar Inc.
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MAGE SOLAR introduces MAGE SYSTEMTEC GROUND a trend-setting time-saver for ground mount applications
Innovative, highly durable mounting solution reduces installation time drastically; universally adaptable technology for easy application with fewer tools.
Natural Power opens new office in Newcastle, UK, providing full lifecycle ecological services
Natural Power has opened a new office in Horsley, near Newcastle, supporting Clients with a full range of ecological wind farm services.
Wisconsin Solar Manufacturer Declares Support for Trade Cases Against China's State-sponsored Solar Industry
Helios Solar Works harmed by Chinese industry's illegal trade practices,
according to U.S. manufacturing coalition
Mitsubishi Electric Develops EV Motor System with Built-in Silicon Carbide Inverter
Industry's smallest inverter-equipped EV motor system is half the dimensions of existing systems
KYOCERA Supplies Solar Modules for England's First
Sustainable energy projects extend to renovation of historical buildings
NRG Completes First Two Projects under $1 Million Clinton Global Initiative Commitment to Build Solar Energy Sites in Haiti
―President Bill Clinton and NRG's David Crane Tour Solar Energy Projects in Haiti―
Silicor Materials, Formerly Calisolar, Announces Customer and Financing Partners for Major Manufacturing Expansion
Company Completes Rebrand to Align with Strategic Focus on Solar Silicon Production
New Branch: Donauer Solartechnik strengthens its sales activities in Belgium
Gilching/Germany, 8 March 2012. In February Donauer Solartechnik Vertriebs GmbH opened a branch in Bütgenbach in Belgium.
SEM Recognized In First "Best For The World" List; Creating Positive Social And Environmental Impact
"Best for the World" Businesses Score 50% Higher Than Nearly 2,000 Other Sustainable Businesses in Most Comprehensive Assessment of Overall Corporate Impact.
Falbygdens Energi AB, Sweco, and Lavastorm Analytics Partner to Deliver Optimized Smart Grids for Consumers and Utilities
Real-time usage analysis, intelligent load balancing, and new storage technologies yield significant cost savings
Solar Energy on a Grand Scale: Intersolar Europe 2012 Spotlights Large-Scale Photovoltaics
The demand for large-scale PV installations is growing worldwide. Intersolar Europe shines a light on technologies, trends and markets.
POWER-GEN Africa Advisory Board meet to discuss Conference topics
6-8 November 2012
Sandton Convention Centre, Johannesburg, South Africa
Microsol acquires key assets of SOLON including U.S. based SOLON Corporation
Expanding Global Reach of Innovative Solar Solutions
Torresol Energy, part of the new concentrating solar power alliance CSPA
Tex Wilkins, Veteran of U.S. Department of Energy Solar Program, to Lead New Organization
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Solar Power - Featured Product
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