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Tag Archives: oversupply

Solar energy market will grow 43 percent YoY in 2010, but oversupply is likely

The solar energy industry experienced the proverbial “perfect storm” ofmarket-changing events in 2009 that redefined the rules of the game andtherefore altered the competitive landscape as well. Starting inlate 2008, the solar market shifted from supply-constricted todemand-driven within a few quarters due to the plunging price ofcrystalline silicon cells and modules spurred by falling polysiliconcost, [...]

Wacker Chemie Exits Solar Industry, China Government to Curb Silicon Oversupply

Wacker Chemieis getting out of the business of making silicon wafers for the solarmarket to focus on producing silicon instead, the company saidWednesday. The German company announced the move four months after it opened a new wafer factorywith its joint-venture partner Schott Solar. At the time, Wacker saidit intended to expand the wafer manufacturing capacity [...]