Global Solar PV Demand to Grow by 58 Percent, Reach $18.9B in Module Revenue in 2010

[kristopher]

GTM Research: Global Solar PV Demand to Grow by 58 Percent, Reach $18.9B in Module Revenue in 2010

Global Market Remains in a State of Overcapacity Despite Demand Growth in Italy, Japan and the U.S.

CAMBRIDGE, MA--(Marketwire - May 26, 2010) - The global solar PV market is poised to have a banner year, according to the recently published market outlook from GTM Research: 2010 Global PV Demand Analysis and Forecast, but some suppliers will find difficulty navigating the forthcoming ebb and flow of subsidy programs and increasing module overcapacity.

Buoyed by a continued demand boom in Germany ahead of expected feed-in tariff cuts and second half growth in secondary markets, GTM Research estimates that demand for PV installations will reach 11.2 GW in 2010, up 58 percent from 2009. This will enable $18.9 billion in revenue for global module manufacturers.

German Demand Will Peak in 2010

In 2010, Germany will remain the world's largest market, installing over 5.5 GW. But demand will not be steady or even. Germany's star will begin to fade in the second half of 2010, when feed-in tariff cuts intended to quell runaway market growth take effect. The German market will decline substantially in the third quarter, forcing module prices to resume their decline after a steady first half. These lower prices will enable a smaller demand rush in the fourth quarter ahead of annual feed-in tariff digression.

After 2010, feed-in tariff digression will force Germany to return to a steady sub-4 GW annual market. This will retain Germany's position as the largest national market through 2013, although its market share will fall each year.

Italy and the United States Will...

http://www.marketwire.com/press-release/GTM-Research-Global-Solar-PV-Demand-Grow-58-Percent-Reach-189B-Module-Revenue-2010-1266367.htm

[NNadir]

1. What a huge waste of money, since very little energy will be produced.

There will be no effort of course, to contain the toxics generated so that dumb people can claim to be smug while their BP funded pals use the red herring opportunity to continue with their swell Rocky Mountain Institute sanctioned practices.

The real reason that "solar will save us" noodnicks always talk in "percent talk" is becoming increasingly obvious too, since it distracts from the reality that solar PV energy is a disasterous failure.

One thousand percent of next to zero is still, well, next to zero.

The "solar will save us" crowd are still handing out the same line of bull they were handing out decades ago, including the "solar prices are dropping" dodge.

Excuse me but $999,999,999 is still a lot of money even if it's "dropped" from "$1,000,000,000. If solar were so great, it wouldn't need all these "rah! rah!" threads. It would be as ordinary as turning on a switch or having one's furnace changed.

Now, I happen to think that the entire anti-nuke industry is devoted to keeping the dangerous fossil fuel industry so entrenched that no one is amazed by its existence, but I write here to insist that we do think about where electricity comes from. By a vast proportion, solar energy isn't it, not in Japan, not here, not in Germany, not anywhere.

Have a nice fairy tale evening.

[kristopher]

2. Thanks for the kick

From: The Economics of Nuclear Reactors: Renaissance or Relapse?
http://www.olino.org/us/articles/2009/11/26/the-economics-of-nuclear-reactors-renaissance-or-relapse




Meanwhile in solar:

[Go2Peace]

5. Yes we know - Nuclear = supreme all other alternatives = EVIL

we get your drift. Just because someone says it often, and lots of insulting language, simply doesn't make it true.

[joshcryer]

8. Your post is OT and has no relevance.

Not to mention that it is factually incorrect.

[glitch]

3. K & R thanks for posting useful information. nt

[diane in sf]

4. Thank you--good factual article, but don't you think it should cover molten salt breeder reactors?

[Go2Peace]

6. good point

;)

[jpak]

7. I would tell you about the NJ molten salt breeder reactor

but as we all know - anti-nukes are anti-science cretins - and they would not understand the complex science of molten salt breeder reactors.

all you really need to know is this...

they do not exist

it is a fraud

a delusion

a sick fantasy designed to impress weak-minded sycophants

yup!

:D

[kristopher]

9. LOL.

Thanks for the chuckle.

:thumbsup: