An oversupply of solar cells?

March 7, 2008
An oversupply of solar cells? That's what an analyst writing on Seeking Alpha says is happening. Part of his argument: .......if thin film solar continues at its same growth rate, in 2009 thin film will make up 17.8% of all solar power generation. ...

An oversupply of solar cells? That's what an analyst writing on Seeking Alpha says is happening. Part of his argument:

.......if thin film solar continues at its same growth rate, in 2009 thin film will make up 17.8% of all solar power generation. That would leave a capacity of polysilicon exceeding demand by 17,000 metric tons, based on capacity expansions announced by the polysilicon manufacturers.

He is basically saying it might not be a great time to buy stock in solar cell companies, which might be about to see a contraction in profit margins. The comments posted at the end of the piece are interesting as well.

http://seekingalpha.com/article/67253-contradictions-in-the-solar-market

About the Author

Lee Teschler | Editor

Leland was Editor-in-Chief of Machine Design. He has 34 years of Service and holds a B.S. Engineering from the University of Michigan, a B.S. Electrical Engineering from the University of Michigan;, and a MBA from Cleveland State University. Prior to joining Penton, Lee worked as a Communications design engineer for the U.S. Government.

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