Numerous indicators point to an impending sharp decline in PV installations, at least in Germany, after March 31. Availability is poor, prices have largely stagnated since the beginning of the year, and manufacturers have postponed or canceled promised deliveries from Asia. As a result of monthly reductions in feed-in tariffs, we are now seeing a full-fledged run on the few lots of modules still available on short notice. With each passing month, anxiety mounts over whether urgently needed components will be delivered on time. When deadlines are broken, installers face harsh contractual penalties, while system operators rack up major losses. Yet module producers seem to be taking all this in stride.