Solar supply shortage possible

Manufacturers are struggling to keep up with an increased demand for solar modules.

Share this article!

Low prices and a greater public awareness about solar energy means a greater demand for solar modules, and manufacturers are struggling to keep up.

Industry analysts are now predicting a supply shortage in the future.

“We are starting to see signs that the pendulum is shifting in the direction of less product,” said Andy Noel, Northwest regional manager for REC Solar, which has an office in Portland. “I am not suggesting that (solar module) prices will be going through the roof. But with more demand and less product, prices could go back up.”

In Oregon, the modules that SolarWorld makes at its Hillsboro facility for large, commercial projects are backlogged until November or December, company spokesman Ben Santarris said.

Read more at the Daily Journal of Commerce.

{biztweet}solar module{/biztweet}


Latest from Oregon Business Team