SAN JOSE, Calif., Nov., 2012 /PRNewswire/ — The Solar Engineering & Manufacturing Association (SEMA) held an informative solar forecast meeting hosted by Stion Corporation, a leading manufacturer of high efficiency thin film solar panels on October 30.

The keynote was given by Paula Mints of SPV Market Research on the state of the North American Photovoltaic Industry. While the manufacturing infrastructure has been faced with significant challenges and price erosion, installation of photovoltaic generation capacity in North America continues to grow with CAGR of over 60% from 2006 – 2011. 2011 saw an increase of 781Mw of installed photovoltaic power generation.

Matt Holzmann, president of SEMA stated “With the many challenges facing us, this information was invaluable in helping us plan as an organization and as individual companies. It is SEMA’s directive to provide its members with the best and most up to date information available.”

There was also discussion of proposed manufacturing quality standards and long term reliability studies as well as the decline in the cost/watt to less than $1.00 due to the effect of overcapacity and its impact on the industry as it moves forward.

For further information or to join the Solar Engineering & Manufacturing Association please visit http://www.solar-ema.org or contact:

Jasbir Bath
Solar Engineering & Manufacturing Association
2750 S. Harbor Blvd., Suite A
Santa Ana, CA 92704
Jasbir.Bath@solar-ema.org

SOURCE Solar Engineering & Manufacturing Association

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