30 Dec '13, 5pm

#Solar PV industry to see demand hit 49 GW in 2014

to reach 49 GW in 2014, up from 36 GW this year, according to findings in the latest quarterly report from NPD Solarbuzz. According to the report, the fourth quarter of this year (Q4’13) will be another record quarter for the solar PV industry, exceeding the 12 GW threshold for the first time. Furthermore, demand in the first quarter of 2014 (Q1’14) will also set records. Over the six-month period from October 2013 to March 2014, the solar PV industry will install almost 22 GW, which is greater than all PV installations between 2005 and 2009, during the previous high-growth phase of the industry driven by the European market. NPD Solarbuzz says record solar PV demand in Q4’13 is heavily weighted toward the three leading countries for end-market - China, Japan and the U.S. Two-thirds of all solar panels installed in Q4 will be located in these three countries. By the end of...

Full article: http://www.solarindustrymag.com/e107_plugins/content/cont...

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Strong Growth Forecast for Solar PV Industry in 2014 with Demand Reaching 49 GW. #SOLAR #NPD Solarbuzz.

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