Science & Technology
Science and TechnologyScience and Technology 
Wed, January 4, 2012
U.S. Poised to Become Solar Hotbed as European Demand Weakens
January 04, 2012 08:16 ET
U.S. Poised to Become Solar Hotbed as European Demand Weakens
The Bedford Report Provides Equity Research on Suntech Power & LDK Solar
NEW YORK, NY--(Marketwire - Jan 4, 2012) - In recent months, solar manufacturers from across the globe have focused more attention on the United States as the European debt crisis has caused demand uncertainty in the onetime solar hotbed. The Bedford Report examines the outlook for companies in the Solar Industry and provides investment research on Suntech Power Holdings Co. Ltd. (
According to a recent study by GTM Research and the Solar Energy Industries Association, U.S. solar-panel installations in 2011 topped previous years, due primarily to large solar farms, as more than 1,000 megawatts of solar panels were installed in the U.S. through the third quarter. The report warns that the outlook for U.S. solar-panel makers and continued growth for the domestic market is uncertain, however.
The report argues that weak solar-power demand in Europe, rising demand in the U.S. and an oversupply of solar panels have led manufacturers to target the U.S. for market expansion. As a result, U.S. solar-panel makers have lost market share to Chinese rivals, the report finds.
The Bedford Report releases stock reports on the solar industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at [ www.bedfordreport.com ] and get exclusive access to our numerous stock reports and industry newsletters.
Suntech Power Holdings Co., Ltd. is a solar energy company engaged in the design, development, manufacture, and marketing of photovoltaic (PV) products. In December 2011, the company received the 2011 Gigaton Prize for its role in reducing carbon emissions around the world, and leading efforts in the fight against climate change.
LDK Solar Co., Ltd. engages in the design, development, manufacture, and marketing of photovoltaic (PV) products and the development of power plant projects. Last month the company entered into an investment agreement with Sunways AG, a German stock corporation with its shares listed on the Frankfurt Stock Exchange, to acquire approximately 33% of Sunways' increased share capital following a capital increase from its authorized capital.
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