New installed capacity of the first half of 2011 decreased 4% solar

   According to reports, the first half of solar panel sales fell 4 percent, while global production is increasing, the result has been more intense price war.

    solar water heater Reported that the price of photovoltaic equipment market slump are shaking the industry, within six months its price fell more than 20%, the buyer happy, but manufacturers have had a great difficulty. Although the panels manufacturers in the world everywhere, but demand slowed. According to the IHS research report, a new solar energy capacity this year, down 4 percent, to 6.6 gigawatts (GW). Price competition with Germany and Italy to stop subsidies for solar electricity has some relevance, because these two countries is a major global PV market.

     Reported that, HIS estimates that this year's sales of cell production increase should be around 20%, the PV industry revenues should remain stable, expected to be approximately $ 35 billion. The world's major manufacturers such as Suntech,solar collector Yingli, Sharp and Canada will operate the solar energy and other damage. German solar panel maker Q-Celle's first half net loss of 365 million euros, the company cut costs, plans to cut domestic capacity by half the factory moved to Asia. This week the company announced it would close Solon Arizona solar factory, 15% of workers unemployed. Phoenix Suns to the dealer in the first half of the U.S. sales fell 61%.

     According to GTM's research, China's solar panels produce 60% ??less cost than the United States. But with the price of PV equipment market declined rapidly, Chinese manufacturers in the second quarter is affected. Yesterday, JA Solar company lowered its 2011 sales forecast after its stock dropped 11%. China's current production of solar panels by more than 90 factories, but still in the accelerated increase productivity, reduce costs on a cut-throat competition. The industry believes that the market has experienced in 2009 due to overcapacity for the price war, the current price slump in the coming months will lead to the integration of the PV market. However, this price war will continue for several years.