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Another One Bites the Dust

Oct 10, 2012

Wow, the bleeding continues within the PV industry.  With the pricing of solar PV cells/modules being so drastically reduced over the last three years, the pricing pressure is now spilling over onto the balance-of-system manufacturers, such as: inverter manufacturers, disconnect manufacturers, battery manufacturers, mount manufacturers, etc. 

The latest evidence of this is the bankruptcy of Statcon, a manufacturer of utility scale inverters.  Read the full release here

With the current industry turmoil, which is predicted to last into 2014, the industry has highlighted the importance of choosing a manufacturer(s) and supplier(s) that are well positioned and will survive the industry changes.  As a PV supplier, over the last couple of years, we have seen end users that are now without support, both from a technical and warranty standpoint, becase their manufacturer of choice is no longer operating. 

Purchasing a PV system is a major decion, from both a financial and technical standpint.  It is extremely important to do your research and secure a supplier that is both competent and secure, which means they will be around long into the future. 



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