Letter Re: Solar Panel Shortage — Caused By Oil Price Shock
Hi Jim. Just a quick one on [photovoltaic] solar panels. My brother and I had to put an order in for three 80 Watt Sharp brand panels that are usually just sitting on the shelf here at a major distributor. A container full arrives in two weeks but it’s already sold out! We have to wait a month. I did a little investigation with Google and found that the shortage is worldwide, is due to people, mostly Europeans, gearing up due to energy/oil cost. Silicon [photovoltaic panel] demand is beginning to outstrip supply and the foundries are running at maximum …