10 May '12, 2pm

Solar PV at the Crossroads: Europe Leads, China, US, Emerging Markets Need to Pick Up the Ball

Solar PV at the Crossroads: Europe Leads, China, US, Emerging Markets Need to Pick Up the Ball

The solar photovoltaic (PV) industry continued upwards along its surprisingly rapid growth path in Europe and around the world in 2011 in spite of ructions caused by a combination of a glut in the supply of solar PV cells and panels, a precipitous drop in sales prices, and the phasing out or elimination of government support. That’s the recent past. With the near-term outlook gloomy and the medium- and long-term outlooks uncertain, the European Photovoltaic Industry Association (EPIA) has issued its “Global Market Outlook for Photovoltaics until 2016 ” report. Conducting an in-depth, comprehensive study of solar PV markets, industry value chains, electricity markets and government policies across Europe, EPIA found that while the industry now finds itself weathering a storm, the medium- and long-term prospects “for continued robust growth are good.” “The results of 2011 — ...

Full article: http://cleantechnica.com/2012/05/10/solar-pv-at-the-cross...

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