Trending in solar panels: Drop in global demand narrowing playing field

By Kelly Pickerel The last year has been tough for the solar panel manufacturing worker. Almost every major module manufacturer experienced layoffs of some kind, all chalked up to “restructuring” after a slowdown of global demand.
Source: IHS Markit
A glut of projects made 2016 an explosive year for the United States, nearly doubling the previous year’s installations. The same massive increase was felt globally too. But a 10% drop is expected for 2017 in the United States, and global demand is holding relatively steady. Solar module companies had to ramp up production to meet 2016 orders, but now there are fewer panels needed—hence the

Read Full Article Here

For more great articles: Solar Power World

(Visited 5 times, 1 visits today)



© 2014 RenewaNews