31 Oct '12, 4am

Solar module prices continue to slide, but signs of recovery appear on the horizon, says IHS:

Solar module prices continue to slide, but signs of recovery appear on the horizon, says IHS Press release; Jackie Chang, DIGITIMES [Wednesday 31 October 2012] Overcapacity, a decline in pricing as well as slowing growth in key worldwide markets will serve to keep the global market for solar modules depressed for the rest of the year, with recovery not expected until well in the second half of 2013, according to IHS. Global revenue for the solar module industry comprising both crystalline and thin-film modules fell for the first time this year during the third quarter to US$6.63 billion, down 7% from US$7.14 billion in the second quarter. Prior to the decline, revenue had been up 2% in the second quarter from US$7.03 billion in the first quarter. The market is projected to retreat further for a second time this year during the fourth quarter to US$6.62 billion, with revenu...

Full article: http://www.digitimes.com/news/a20121031PR200.html

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