PV demand pick-up remains elusive, says Jeffries analyst
Having undertaken a scan of the geographical map for PV demand, Jeffries analyst, Jesse Pichel believes the long anticipated second-half year boom is proving elusive to see. In a research note to investors, Jeffries noted that demand improved in June, but July appears to have flatlined, despite increased factory utilization from major PV module suppliers. Pichel raised the alarm that inventory could be building again, after being consumed in the April-June timeframe.