Why Solar Is Far from Finished but Has Just Begun

In times of feed-in tariff cuts, there are many prophecies of doom for solar. Companies in different countries around the world have gone bankrupt and have had to shut down their factories. Reason enough for many to believe that the end is near. Not quite. Yes, in 2012 as the industry began consolidating, PV production recorded its first annual drop. But because demand continues to rise this contraction will be short-lived. Global solar developments show that this industry is far from finished but that the journey has only just begun.