Solar panel demand starting to increase in this quarter

Suntech solar panels
Suntech solar panels
After a year long slump in demand, solar cell and panel manufacturers are reporting that demand in the 3rd quarter of 2009 has been increasing.  This increase has mostly been fueled by a large demand increase from Germany, which has said that it expects to add up to 3 gigawatts of photovoltaic capacity this year.    Solar cell companies are also seeing demand increasing from the U.S and China and as a result have started to add manufacturing capacity.   Suntech, for example, plans to boost their capacity by 40% to 1,400 megawatts of solar panels per year by opening a new assembly plant in Arizona.   Trina Solar has said that shipments have nearly doubled in the third quarter and plans to increase cell production to 600 megawatts by the end of the year and to 950 megawatts by the end of next year.

via: Purchasing.com

WordPress theme: Kippis 1.15