Pursuits
Solar Panel Makers Face Supply-Glut ‘Armageddon’: Chart of Day
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Solar panel makers from Arizona to Shanghai face a price crunch in 2011 because they’re adding manufacturing capacity just as global demand is poised to fall, Axiom Capital Management Inc. said.
The CHART OF THE DAY shows the supply of photovoltaic panels may climb to almost triple the level of demand next year, flooding the market and potentially crashing the price, said Gordon Johnson, Axiom’s New York-based solar power analyst.