Featured in Rejuvenation – 06-2013

Turning point

PV at the crossroads: The PV industry has taken a beating in the last couple of years. Nevertheless the widespread consolidation, despite being painful, could be a blessing in disguise. The strongest will survive, and some manufacturers’ coffers may be slowly filling, with new markets evolving. Is this the turning point for PV?

It is an inescapable fact that the PV industry has been in the doldrums. Headlines have been full of seemingly endless insolvencies with Ernst & Young stating in May 2012 that at least half of the world’s existing PV manufacturers would eventually either go bust or be taken over. Still this so-called consolidation may not …

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