19 Mar '12, 10pm

Global PV Markets: Asia Rising, Europe Sinking

Global PV Markets: Asia Rising, Europe Sinking

Among high points in Solarbuzz's new calculations : China's rising, Europe's sinking. The top five markets among 100 tracked by the analyst firm — Germany, Italy, China, the US, and France — made up nearly three-quarters (74 percent) of global demand. Note the surge in China, which swelled more than fivefold during the year. Also note that two-thirds (68 percent) of end demand game from Europe, amounting to 18.7 GW (down from 82 percent of demand in 2010), with the vast majority coming from Germany, Italy, and France. Demand is rising, but still trails supplies. Global solar cell production topped 29.5 GW, up from 23 GW in 2010. Thin-film production made up 11 percent of that. China and Taiwan continue to dominate solar manufacturing, increasing their share to 74 percent vs. 63 percent in just 12 months. Meanwhile, the top 10 polysilicon makers ramped their capacity to 204...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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Illustrations: Michael Newhouse
 Click on image for a larger view. Sources: BP Statistical Review of World Energy, June 20...