Featured in Northern hot spot – 11-2010

Beyond the horizon

Emerging markets: The international PV industry is primarily focused on businesses in the industrialized countries. According to a new study by A.T. Kearney, the emerging and developing nations along the earth’s sunbelt, with their rapidly growing economies, offer the greatest solar growth potential. However, the industry is still shying away from jumping into the new world.

The financial crisis has considerably altered the balance of power in the world economy. While the industrial countries slid inexorably, one after the other into recession and are only slowly recovering, the economies of the emerging and many developing countries are still expanding at a breathtaking speed. According to the latest International Monetary Fund (IMF) …

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