First Solar (FSLR -6.3%, previous) isn't the only solar industry player idling capacity. Digitimes reports 90% of Chinese polysilicon vendors have suspended operations, and "a large fraction" of local solar firms shut down production in Q1 in the face of utilization rates that were often below 50%. This sure looks like the shakeout many have been predicting. Is it just in its early stages, or is a bottom being created?
First Solar (FSLR -6.3%, previous) isn't the only solar industry player idling capacity....
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Symbol | Last Price | % Chg |
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FSLR | - | - |
First Solar, Inc. |