With a rebound in demand, solar cell makers are once again facing a shortage of production capacity, one of China’s largest solar manufacturers said Tuesday.
JA Solar Holdings said lower prices for solar cells drove customers to showrooms and into purchase arrangements with installers.
Third quarter orders were two to three times the company's production capacity
Orders in the quarter were two to three times in excess of the company’s production capacity, CEO Baofang Jin said on a conference call. Demand continues to outpace capacity, he added.
JS Solar did not specify whether the manufacturing shortfall was strictly limited to the Chinese market, where JA Solar does 77 percent of its business, or broader. But the CEO said, “We saw a significant pick up in demand. There is a shortage of solar cell capacity today.”
JA Solar trails Suntech as China’s largest producer of solar cells. But with $193 million in third quarter revenue, it serves as a useful proxy on the Chinese market.
After months of falling prices, get ready for today’s more stable pricing to last (JA Solar’s prices fell 7 percent in the third quarterr) – at least until the next factory can be built.
I was looking for solar panel related info this was superb