"If I look at the first half of 2010, it was all negative news, and if I look to the second half – you never know what kind of surprises can come – but at this point, with Italy's subsidy, the Green Jobs Bill [in the U.S.], more loan guarantees and whatever China does, I think Q2 and Q3 numbers, and maybe even Q4, should be pretty good for all the solar companies."
Pichel is part of a team of four analysts including smart-grid analyst Elaine Kwei who recently moved from Piper Jaffray to Jefferies and launched coverage of 15 cleantech companies on Wednesday. In a report released that day, the team projects the global solar market will reach 12.9 gigawatts this year, up 78 percent from 2009, and will grow a modest 15 percent in 2011 and 26 percent in 2012.
Click on the following links to read more Intersolar North America pv magazine exclusives:
- Oerlikon Solar said it has cut its customers' costs to "well under" $1 per watt
- Sunlink buys Blue Oak PV Products
- SolarNexus is to launch a new software platform aimed at saving solar installers time and money
- U.S. must be looked at as a long-term growth market
- Applied Quantum Technolog's first factory is up and running with an initial capacity of 10 megawatts
- SolFocus expects to account for half of all new CPV installations this year
- SoloPower, has begun shipping CIGS panels
- Solyndra is now producing 220-watt panels
- eIQ Energy plans to raise a new round of funding for its technology to boost solar-power production this year
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