In the solar electricity market, capitulation, consolidation and contraction are the buzzwords of the day. Today, all solar PV manufacturers face an over-supplied and underfunded PV market. The oversupply and drop in subsidy markets across Europe and the U.S. has forced crystalline silicon manufacturers to sell their PV panels below manufacturing costs or risk losing all market-share. As the weeks tick by, major manufacturers, one after another, are going under or announcing major scaling back of their operations. Thin film solar panel manufacturers have not been able to stay out of the fray, with many of them struggling to keep up with the falling panel cost and oversupply of panels on the market.
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