Via naked capitalism, some numbers about solar power
Of course this spells pain for the existing capacity holders. The commentary points out that the over-supply in from china, but if it is, it is going to take a long time before it reaches Spain or the US. So I am fuzzy as to how this impacts local prices. Also if the prices go down and over-capacity is detroyed then the prices go back up, problem solved. In the meantime we have plenty of cheap solar power... so consumption should go back up... I wonder why they have the numbers go down in consumption, this does not follow normal "supply/demand" logic.