‘Next year some of these guys will go bankrupt’ – SPE

At Intersolar in Munich, pv magazine spoke with Jenny Chase, solar analyst at BloombergNEF, about incredibly low polysilicon prices, massive overcapacity and increasing consolidation. According to Chase, there will be enough polysilicon capacity to produce 1.1 TW of solar panels this year, but global demand for modules is expected to be around 585 GW. “That’s a pretty big delta,” she said, noting that the solar industry also needs to prepare for a range of “negative feedback mechanisms,” such as negative prices and excess solar energy.