Featured in CIG-nalling change – 12-2011

Picking up the pace

Global Consensus Forecast: After a tumultuous first half, with huge price drops and uncertainty on just about everything, the solar market is beginning to see some positive signs in terms of demand pick up. Overall, a growth of 20 percent over 2010 is forecast for this year. However, 2012 looks flat. Mercom Capital Groups Raj Prabhu discusses global solar markets.

By

pv magazine

01 Dec 2011

With module prices now in the 1.00 to 1.10 U.S. dollar (USD) range – amounting to an almost 40 percent drop in prices compared to the 1.80 USD levels in the first quarter – one might expect a huge spike in demand, but it did not happen. A difficult financing environment currently exists in Europe. …

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