The hottest global solar equipment manufacturing i

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Paris, August 15 (Xinhua) -- with the development and utilization of new materials, the financial crisis and economic crisis have gradually impacted various industries, even the solar energy industry, which is the focus of the economic stimulus plan, has not been spared. Due to the lack of funds, some solar equipment production plans were forced to be postponed or cancelled, causing the global solar equipment manufacturing industry to fall into a serious overcapacity crisis

in recent years, with the gradual popularization of the concept of energy, the solar energy equipment manufacturing industry has become one of the fastest-growing industries with the trial production of new and first-time used raw materials, new processes, new formulas and new models, and the testing of safety and health control projects. The European Photovoltaic Industry Association predicts that the investment in silicon crystal manufacturing alone may exceed 4.1 billion euros between 2008 and 2010. The situation of downstream industries is similar. Last year, the global solar cell and solar panel manufacturing industry invested more than 1.6 billion euros

however, the financial crisis and economic crisis have made the financing of solar energy development plans difficult, and many development plans have been forced to postpone, compress or even cancel. Spain, the world's largest solar energy market, last year built a total installed capacity of 3000 megawatts of new solar power plants. Last autumn, the country announced that the annual new installed capacity of solar energy in the next few years would be limited to about 400 megawatts

the situation in Spain is symbolic in the field of global solar energy development, and the solar energy equipment manufacturing industry is also in serious overcapacity. Isupply, a US high-tech market research company, predicts that half of the solar panels produced worldwide this year may enter inventory within the year. This trend is not limited to solar panels. Similar situations will occur in all chains of solar equipment manufacturing industry

the inventory of German Q-Cells, a global solar battery giant, doubled in the first quarter of this year compared with the same period last year. Previously, Q-Cells signed supply contracts with polysilicon suppliers in 2007 and 2008. At the time of polysilicon shortage, polysilicon suppliers required to sign multi-year supply contracts to ensure sales safety. Therefore, even if the current sales of solar batteries are not good, Q-Cells can only purchase goods to avoid high liquidated damages

according to the French "echo", Q-Cells' net loss in the first half of this year was nearly 700 million euros, while its profit in the same period last year was more than 800 million euros. Analysts at Barclays Bank recently downgraded the solar energy sector from "overweight" to "neutral", and suggested that investors should take a wait-and-see attitude towards the sector in the future by proposing and planning to establish the first domestic factory producing the material in Mianyang

DisplaySearch, an American market research organization, predicts that the global solar cell production capacity will surge by 56% this year, while the sales of solar panels will shrink by 17%. Many experts believe that the excess capacity of the solar equipment manufacturing industry will be difficult to digest before at least 2011

the market trend of solar energy enterprise stocks also proves that this sector has been avoided by investors. Bloomberg data showed that since the beginning of the year, the global solar sector stock index has plummeted 58%. It is more convenient to measure the local wear of the friction surface by grooving and embossing

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