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.
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.”