22 Sep '11, 1pm

PV Installations To Soar in Second Half of 2011

PV Installations To Soar in Second Half of 2011

IMS Research's latest Global PV Demand report , which analyses installations rather than registrations or connections in more than 60 downstream markets, predicts that despite weak first and second quarters, demand will grow rapidly in the second half of 2011 due to rapidly falling module prices, incoming incentives in new markets, and planned end of year cuts in existing markets. Senior research director Ash Sharma commented, "Although installations grew just 13 percent in Q2 from Q1 the results of our latest report show that there will be a huge surge in installations in the second half of the year. Several mid-sized markets like the USA are growing massively whilst markets like Germany and Italy are starting to pick up too." Europe Flat in 2011 According to the new report, several European markets, including Germany, are predicted to see a major slowdown or even a fall ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2011...

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