Featured in A sustainable growth? – 07-2013

Improved outlook

Mercom Capital global forecast: Demand for solar in 2013 looks promising despite the uncertainty surrounding the China-EU trade case, says Raj Prabhu, CEO and cofounder of Mercom Capital Group.

Amid all the bad news, bankruptcies and trade cases, global solar installations in 2012 totaled about 31 GW, a 13% year-over-year growth in a tough year. The darkest cloud hanging over the market this year is the China-EU trade case. The European Union recently imposed a provisional antidumping tariff of 11.8% on imports of solar …

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