Featured in The next phase – 10-2012

Stronger than expected

Mercom Capital global forecast: Solar demand continues to defy odds so far in 2012, which may result in another year of growth contrary to pessimistic views early in the year, says Mercom Capital Groups Raj Prabhu.

By

pv magazine

28 Sep 2012

Negative forecasts have turned positive. Module prices continue to fall spurring demand. Tier-1 modules are now in the US$0.70 range, after falling about 20% this year, and about 60% since the beginning of 2011. Stubborn European demand, especially from Germany and Italy, is a big reason why the markets are doing well. Germany has already …

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