In 2011, the photovoltaic industry was weak

In April of this year, Solarbuzz, a world-renowned solar energy industry research institution, forecasted in its 2011 PV market report that the ex-factory prices of PV modules will fall by 37%-50% over 2010 levels in the next five years.

During that period, such news gathered together and completely shattered the investor's already fragile confidence. The wind information solar power index fell from the high of 1,409.96 points at the end of March to the low of 1,099.48 in June, and fell by more than 23% in less than 3 months.

From the latter part of June to late July, the solar power index rebounded. However, the good times that belong to photovoltaic listed companies did not last for one month. According to the statistics of the reporter, from the 1278.14 points at the opening of July 20 to the 957.11 points at the close of October 20, in less than 3 months, the solar power index dropped 25% again, and it was created on October 20th. The year-on-year low was 947.93 points.

Looking at the first three quarters of 2011, the photovoltaic sector showed an overall decline and partial rebound. The wind information solar power index has gone through several ups and downs and eventually fell more than 25% from 957.11 points on October 20th which was 1280.06 points on the January 4 opening.