Wednesday, January 6, 2010

Top 5 European solar PV markets to look for in 2009-2010

DUBLIN, IRELAND: Research and Markets has announced the addition of the "Top 5 European Solar PV Markets to Look For in 2009-2010" report to its offering.

In recent years, Europe has maintained its positions as the global leader in solar PV power generation, with more than two-third of world's solar photovoltaic installed capacity. Germany, which is one of the largest market for solar PV deployment as well as the leading producer of solar cells and modules, along with new markets like Spain, Italy, France, and Portugal have further strengthened the position of the European market.

Financial incentives, such as preferential feed-in tariffs for solar-generated electricity and net metering, have supported solar PV installations in many of these countries. Recent financial crisis and global credit crunch has severely impacted production as well as development of PV projects in Europe, however, the future potential of the technology in region remains very high.

According to our estimates, European markets will continue to enjoy new heights in years beyond 2010 with total installed capacity expected to reach 80GW by 2015, growing at a CAGR of 35 percent or 10GW of new capacity each year.

In the report - Europe's Top 5 European Solar PV Markets to Look For in 2009-2010 - we are analysing leading solar PV markets in Europe that are estimated to have grown fastest in 2009 and are expected to be fastest growing in 2010.

For each of these five markets, report investigates current installation trends, government policy and support, market competition, status of R&D and future potential and projections for the installed capacities in these countries.

Further, the report discusses in details the European solar PV market with current PV installation capacity and market segmentation, recent production trends and future prospects of the technology in the region.

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