Featured in Turkey – 04-2014

The importance of energy security

Mercom Capital global forecast: The demand outlook for the solar industry remains strong for 2014, bolstered by the recent announcement from China of an aggressive 14 GW installation goal, says Raj Prabhu, CEO and cofounder of Mercom Capital Group. Mercom’s revised global solar installation forecast is approximately 46 GW.

After installing 11.3 GW of solar in 2013 and exceeding its own goals, China continues its strong policy support to encourage domestic solar demand with an emphasis on distributed generation and has laid out detailed proposals and incentives to achieve this: within its 14 GW goal, a 2 GW increase since the previous forecast. China …

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