SummaryGlobal solar industry is now at cross roads and now shaping into a big industry. The current global solar power market can be characterized by solar module inventory pileup, intense trade disputes among countries, frequent incentives cuts, falling prices of solar module, pressurized margins of manufacturer and fierce competition among others. When the supply of modules from the manufacturers exceeds market demand, it reflects in their inventory levels. The inventory levels tend to increase due to a decrease in sales.

The Atacama Desert in northern Chile is the driest desert in the world. Clouds rarely appear over the far reaching sandy landscape and, if lucky, clouds may appear around 30 days a year so what better place on earth for solar panels?

Both hydropower and solar power are energy sources that do not consume limited resources but instead take advantage of renewable ones -- water for hydropower and the sun for solar power -- using them to generate energy without eliminating them from other uses. Neither hydropower nor solar power creates significant pollution or waste. Hydropower is much more widely used, accounting for about 6 percent of the energy supply in the United States in 2008