Solar market eclipse coming in 2009, iSuppli warns

Posted by Digitimes

Global revenues for photovoltaic (PV) panels are expected to plunge by nearly 20% in 2009, as a massive oversupply causes prices to drop, according to iSuppli. Worldwide revenues from shipments of panels will decline to $12.9 billion in 2009, down 19.1% from $15.9 billion in 2008.

More here at Digitimes.