Barclays analyst Vishal Shah started off the week in solar with a bang, upgrading Suntech Power
Yingli Green Energy
A report by DisplaySearch found that solar cell capacity will grow 56% this year, to more than 17 gigawatts (GW). Demand, meanwhile, fell to a touch north of 5GW. The good news is that capacity growth should slow over the next two years, while demand will almost certainly resume its prior uptrend.
The outlook for polysilicon is a bit different. A Soleil analyst warned this week that poly supply could increase by around 70% over the next three quarters. The parade probably won't end there, either. OCI, the former DC Chemical, just rebooted its phase buildout, and is spending over $858 million to boost its poly production capacity by 2011.
This preponderance of poly could make life pretty interesting for ReneSola
Remember when Taiwan Semiconductor
Fool contributor Toby Shute doesn't have a position in any company mentioned. Check out his CAPS profile or follow his articles using Twitter or RSS. Suntech Power is a Rule Breakers recommendation. The Motley Fool has a disclosure policy.