Featured in Lean machines – 09-2011

All bets are off

Global market forecast: The first half of 2011 has been less than stellar for photovoltaics. However, there are indicators that demand will be stronger in the second half of the year. All bets are off though, writes Raj Prabhu, Managing Partner at Mercom Capital Group, if the European debt crisis cannot be contained, or if the U.S. falls back into recession.

By

pv magazine

31 Aug 2011

Unless fixed, the current global economic turmoil might become a problem, for example if subsidies are affected or funding gets tougher to secure. Module prices have fallen tremendously in the last few months from the 1.80 U.S. dollars per watt levels in the first quarter of 2011 to lows in the 1.20 U.S. dollar per …

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