Industry | 2012.06.01
CCID Consulting: Government Will Help PV Manufacturers Ride Out Industry Downturn
BEIJING--(BUSINESS WIRE)--CCID Consulting (HK: 08235): As the global photovoltaic (PV) market slows down, polycrystalline silicon production is heading into overcapacity. New PV power projects decreased in 2011 due to the continuing European debt crisis and the adjustment of PV subsidy policies in some European. Solar power installed capacity stood at 28.5 GW as of the end of 2011, up 62.9% year-on-year, but far from the annual growth rate of 130.3% in 2010. Figure 1 PV industry New Installed Ca
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