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Solar Industry Has One Year Of Inventory, French Lobby Says

BLOOMBERG - Makers of solar panels and cells have inventory representing about a year of sales, meaning that the industry will see further bankruptcies and consolidation, the head of France’s Renewable Energy Association said.

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Print June 7, 2012, 11:09 (CEST)
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Production capacity in the photovoltaic industry is “about double the estimated market size, and inventories represent about one year of sales,” Jean-Louis Bal, the president of the lobby group, said today at a conference organized by L’Usine Nouvelle magazine in Paris. “There are a lot of manufacturers, including large Chinese players, which are in financial difficulties. There will be restructuring.”

 

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