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First Solar (FSLR -6.3%, previous) isn't the only solar industry player idling capacity....

May 04, 2012 5:56 PM ETFirst Solar, Inc. (FSLR) StockFSLR, LDK, YGE, TAN, KWT-OLD, SUNEBy: Eric Jhonsa, SA News Editor1 Comment
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?

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