The world market for photovoltaics (PV) solar power systems is coming out of a slowdown, the result both of the economic downturn and fierce competition, and is forecast to resume rising at an even faster clip than before. But a capacity glut as competition intensifies will result in an industry shake-out.
The solar power industry has come to something of an intersection. After a slowdown over the past year or so, demand for solar PV systems is expected to get back onto a fast-growth track. But at the same time, competition in the sector is intensifying and already there are signs that the industry is consolidating, with companies looking for mergers and acquisitions that will bring them into new market segments, give them access to cheaper production facilities and give them exposure to emerging technologies.
See full Article.
Posts
