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Falling global demand for solar energy solar energy industry blocked

Shenzhen Shine Solar Co.,Ltd | Updated: Sep 01, 2015

From 2008 to 2009 PV market supply and demand has fallen, and this imbalance makes the development of solar energy industry generally stalled. Impact on the market is now all companies are trying to grab market share, faced the inevitable consolidation.

Market analyst company Pike research notes in a new research report, Spain is the best example of shrinking demand. Spain is the world's largest solar panel demand, due to return in October 2008 to reduce the high tax subsidies, demand dropped by 87%.

From private companies to Governments, after the outbreak of the global financial crisis, few willing to support plant-scale solar projects. Because it will not fit films and polysilicon supply significant growth, the rapid drop in demand last year.

Companies will have to tackle the difficult circumstances of the past two years. Parker, senior analyst at DaveCavanaugh research has pointed out: "the solar market is facing a serious oversupply of modules. ”

In response to changing competitive landscape, Pike research identifies strategies to decide life and death, because after everything calmed down, not all companies are able to survive.

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