Solar industry's future unclear

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Friday, December 16, 2011

The solar industry is coming off its biggest quarter yet, but the industry's future is still unclear.

According to a report from Dow Jones Newswires, more than 1,000 megawatts of solar panels were installed in the U.S. through the third quarter, the most during any year to date, according to the study, by GTM Research and the Solar Energy Industries Association. The study predicted that U.S. developers would install 1,700 megawatts, or 1.7 gigawatts, of solar panels this year, up 89% over last year.
But pricing pressures and tax incentive uncertainty are casting a cloud over the industry. In addition, a trade dispute with China, being led by Hillsboro-based SolarWorld, is adding a layer of complexity to the future of the industry.

Read more at Sustainable Business Oregon.

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