By Dana Blankenhorn:
America’s natural gas glut is causing a re-think of demand patterns on the part of solar panel companies.
Chinese panel makers like JA Solar (JASO), Trina Solar (TSL) and Yingli Solar (YGE) feel confident they will see a doubling of demand in their home market this year, to 4 Gwatts of capacity. That’s out of a total global demand that could be as low as 30 Gwatts (according to Bloomberg) or as much as 35 Gwatts (according to Trina).
This will be good news for those who buy solar ETFs like KWT and TAN, which lost over half their value in the last year. The ETFs are dominated by big Chinese solar