U.S. solar industry remains in flux
The U.S. solar industry has been buffeted by serious supply and demand challenges, but depending on which study you believe, it could be getting a lot better or a lot worse.
NPD Solarbuzz Quarterly, a publication of the research firm NPD Group, said by late this year market demand will be within about 8 percent of supply. Demand is expected to be about 17.2 gigawatts in the second half of the year.
Over at GTM Research, the picture isn’t so optimistic. A report out this week finds that while demand may hit 30 gigawatts this year, there will be roughly 59 gigawatts of capacity for panel production.
That equates to a lot of factories closing in the next couple of years, according to the study’s authors.
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