By Vishal Shah, Head of the Cleantech Equity Research Team, Barclays Capital
Solar currently represents less than 0.5% of global electricity generation. However, as renewable electricity gains importance in the US$1 trillion global electricity market, we forecast solar photovoltaic shipments to rise at a compound annual growth rate of 50% for the next four years. We expect an increasing number of countries to promote solar energy as the cost gap between solar and fossil fuel-generated electricity closes. This paper provides an overview of what to expect from the PV market in 2010.
Includes 12 months of unlimited digital access to the Photovoltaics International content, full online archive, technical paper collection (over 700), and more.
Includes 2 upcoming issues in print.