Monday, August 10, 2009

Worldwide photovoltaic market - 2013

NEW YORK, USA: Reportlinker.com announced that a new market research report is available in its catalog -- the Worldwide Photovoltaic Market - 2013.

In 2008, the global PV market reached 5.6GW and the cumulative PV power installed totaled almost 15GW compared to 9GW in 2007.

Spain represented almost half of the new installations in 2008 with about 2.5GW of new capacities, followed by Germany with 1.5GW of additional connected.

The US confirmed its trend with 342MW of newly-installed PV systems, followed by South Korea, which registered 274MW of PV installations over the year. Italy connected almost 260MW, while France, Portugal, Belgium and the Czech Republic made good scores confirming Europe’s worldwide leadership in the deployment of solar PV energy.

A diversification of the market is taking place with countries adopting appropriate support policies, this is very good news for the PV industry and the environment. Given the current crisis context, high uncertainties over the 2009 market exist.

Experts believe the market could reach up to 7GW in 2009, each individual country’s development influencing the final figure. The PV sector is hoping markets such as the US, Germany, France and Italy will pull the demand. Favourable policy frameworks are expected to further accelerate PV deployment in these countries.

In 2013, the worldwide PV market could reach 22GW if appropriate policies, such as feed-in tariffs (FiT), are in place.

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