With the global solar energy market in flux and many countries facing economic uncertainty, what are the prospects for solar? - Green Living Guy
Christopher Sunsong is an analyst at Solarbuzz, a research company that studies the global solar market recently did an analysis of the solar market and reported the following to General Electric Ecomagination: This market is readjusting and realigning after governments in Western Europe, where about 80 percent of the market is concentrated, cut subsidies to the industry. That has led to a massive oversupply of PV modules and subsequent price cuts, coming off many years of steady growth. There will definitely be consolidation in the industry as everybody gets used to the new situation.