November 2nd, 2011-- According to EnergyTrend, a research department of TrendForce, as both Germany and Britain have recently announced new government subsidies for 2012 (with significantly adjusted figures), the European market has seen signs of recovery.
According to EnergyTrend, a research division of TrendForce, as inventory levels remain high and demand is not strong, PV price continues to decrease gradually. However, the lower prices have not enticed buyers and stimulated demand. Based on the current European and U.S.
According to EnergyTrend, a research division of TrendForce, as upstream raw material price decreased rapidly and manufacturers sustained fewer inventory depreciation losses in Q3, most makers’ Q3 figures were better than those from the previous quarter.
Currently, market rumors abound that some vendors, under immense financial pressures, plan to either liquidate their equipment or use their inventory and equipment as collateral, in order to maintain financial viability. However, related vendors indicate that presently, there is little interest in second-hand equipment.
Yesterday marked the beginning of PV Taiwan (Taiwan International Photovoltaic Forum and Exhibition), a three-day long event that will include Motech, GLC, OCT, and other major PV manufacturers sharing their development plans for the future. First-tier Chinese manufacturer GCL has already revealed their current profit figures, reaffirming their status as an industry leader.