Patrick Redgate, AMECO’s CEO and President, was recently interviewed by Solar Industry Mag. In the article, Nora Caley discusses a report released by Lux Research that goes over the solar panel oversupply issues in China and the current health of individual solar companies. After reviewing the past year, she turns to solar experts to get their opinion on the future of the industry.
Redgate responded with the following, “What I think is going to happen this year is there is going to be a shakeout . . . we are going to see who comes out the other end, and it will be either manufacturers committed to staying with this business or manufacturers who have technology that is superior.” He also comments on how competition from other energy sources will affect solar and shares his prediction for the continued growth of residential solar installation.
For more, please visit Solar Industry Mag to read “Coming Soon: Solar Profitability.”