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Solar panel manufacturers get hit by recession

January 14th, 2009 · No Comments

From the New York Times on Wednesday, January 14, 2009:

“From the manufacturers’ standpoint, it’s pretty serious,” said Bill Stewart, president of SolarCraft, a California installer, in a conversation with Green Inc. Until last summer there were still shortages of solar modules (which in turn were due to shortages of the polysilicon material they are made from), so installers like SolarCraft sometimes had to badger manufacturers to make sure they would get enough panels.

Now, said Mr. Stewart, the situation is reversed, and manufacturers are calling installers to say, “‘Hey, do you need any product this month? Can I sell you a bit more?’”

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Category: Energy, Information · Energy, Renewable · Mechanical Systems · Sustainable Living
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