Sun Sets on the Solar Industry

It has not been a sunny 2011 for the solar industry. The companies in the industry, especially the solar module manufacturers, have been hit mainly due to falling prices of solar modules, inventory pile ups, subsidy cuts. Anti-Dumping accusations against Chinese suppliers have added to the woes of the industry. This whitepaper focusses on the plight of solar industry in the current scenario comparing the performance of a few Chinese and western companies which are likely to survive this downturn and what further can be anticipated from the industry.