Published: 2010-05-20
Colorado, United States –Starting in late 2008, the solar market shifted from supply-constricted to demand-driven within a few quarters due to the plunging price of crystalline silicon cells and modules spurred by falling polysilicon cost, constrained availability of credit, Spain’s dramatic demand decline, and the growth of thin film supply and market share. According to a new white paper from Pike Research, while solar demand will experience strong growth this year, these events have had a strong influence on which companies will lead the industry in 2010 and beyond and which will face low profit margins and possible consolidation.
The report also finds that solar market demand will exceed 19 GW by 2013, a 25% compound annual growth rate (CAGR) from 2010.
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