Featured in Head pointed toward the sun – 10-2013

Brighter outlook for global PV installations

Global solar forecast: Raj Prabhu, co-founder and CEO of Mercom Capital Group, dissects the current state of the world market and forecasts a brighter outlook for PV installations around the globe.

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pv magazine

01 Oct 2013

After years of overcapacity, bankruptcies and record low prices in the global PV industry, we are now seeing price stabilization, hearing reports of higher capacity utilization rates, and recognizing a move towards supply-demand equilibrium. That is some turnaround. Market conditions for solar look much better than they did just three months ago, and we are …

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