Solar Industry Remains Incentive-Driven for 99% of its Demand; Could Low Prices Lead to Backlash?
Despite Continued Growth, Low Prices for PV Technology Are Hampering the Maturation of the Solar Power Industry
FARMINGTON, Conn., Sept. 5, 2012 /PRNewswire-iReach/ -- While low prices for PV technology have led to increasing installations, these prices are also likely to lead to lower quality technology and installations, possibly resulting in a backlash against solar power, perhaps globally. Average PV module selling prices at the first point of sale declined from $3.50 per watt in 2007 to $1.09 per watt in the first quarter of 2012, even as the PV industry grew from just over 3,000 MWp of annual volume to nearly 24,000 MWp over the same period. The total industry size is forecast to expand to nearly 25,800 MWp in 2013.
Analysis of Worldwide Markets for Solar Products & Five-Year Application Forecast 2011/2012
The solar industry remains incentive-driven for 99% of its demand. Reliance on incentives to drive demand has led to specific behaviors, including frantic buying when prices are low and installing into any available market.
The report analyzes the global markets for solar power, specifically the PV sector, including in-depth analysis of its 41 applications. The drivers and inhibitors for future growth are examined, along with the macroeconomic and policy factors that will influence the industry over the next several years. In addition, market forecasts are included for the major solar PV application segments through 2021, and for specific technologies, including CPV, CSP, and high concentration PV, through 2016.
For a detailed executive summary and table of contents, or to request free sample pages from the full report, please visit http://www.giiresearch.com/report/pike249555-analysis-worldwide-markets-solar-products-five.html
Analysis of the Materials Market for Solar Thermal Collectors
This research service focuses on the increase in the installation of solar thermal collectors and its impact on the demand for the materials used. This study contains analysis of the North American and Western European regional markets. Glazing and insulating materials are discussed, along with polymers for unglazed collectors. Regional splits for glazed, unglazed, and evacuated tube collectors also are provided. The key market drivers, restraints, and challenges are detailed. Unit shipments and revenue forecasts are given for the materials included in the study's scope, and a strategic outlook is provided. Furthermore, growth hot spots are examined.
For a detailed executive summary and table of contents, or to request free sample pages from the full report, please visit http://www.giiresearch.com/report/fs249298-analysis-materials-market-solar-thermal-collectors.html
Solar Thermal Power Market to 2020 - Asia-Pacific Continues to See Increased Investments While Effective FITs in the Middle East and Africa Create Lucrative Solar Power Destinations
An increase in the cost of fossil fuels and supporting government policies (as well as enviable weather) has seen Spain and the United States dominate the global solar thermal market, explains a new report by renewable energy experts GBI Research.
According to the intelligence firm's latest research*, in 2011 Spain was the primary stakeholder in the global concentrated solar power (CSP) market with a massive 65% of the total installed capacity, with the US coming in second at 33%.
Spain only entered the CSP market in 2007, with the construction of the 11 Megawatt (MW) capacity PS10 solar tower. Since then the country has raced ahead of the pack and in 2011 boasted a total installed CSP capacity of 1,002.2 MW - the largest amount in the world by a significant margin.
For a detailed executive summary and table of contents, or to request free sample pages from the full report, please visit http://www.giiresearch.com/report/gbi248222-solar-thermal-power-market-asia-pacific-continues.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
Media Contact: Jeremy Palaia Global Information, Inc., 1-860-674-8796, Press@gii.co.jp
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SOURCE Global Information, Inc.
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