12 Mar '13, 1pm

#Solar Photovoltaic Demand to Reach 31 Gigawatts in 2013

2013 will represent another transition year, as the PV industry adjusts to softness across legacy European markets. The Chinese end-market will largely compensate for the downturn in demand from Germany, which previously led PV demand. Global Shift in PV Demand Due to further reductions in European premium incentives, demand in this region will fall to approximately 12 GW, which is a 26 percent Y/Y decline. In contrast, new policies across leading PV countries in the Asia-Pacific (APAC) region, led by China, Japan, and India, will stimulate regional growth of over 50 percent and account for more than 11 GW of PV demand in 2013. In 2013, we expect to see improvement in the market fundamentals that enable PV demand to return to double-digit growth. Installed-system prices will continue to fall, and PV will become increasingly cost competitive across regions with high electri...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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Solar Photovoltaic Demand to Reach 31 Gigawatts...

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2013 will represent another transition year, as the PV industry adjusts to softness across legacy European markets. The Ch...

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