Followed by a steep drop after Q1, due to same.
Global PV demand shows a sharp year-over-year increase in the first quarter, ahead of incentive cuts in Germany |
03.04.2012: According to market research company NPD Solarbuzz, global PV demand is forecast at 6.9 GW in the first quarter of 2012, which represents a year-over-year increase of 146 percent – due partly to installations in Germany ahead of feed-in-tariff cuts there. But demand was down by 35 percent in the first quarter, as compared to the previous quarter. In the fourth quarter of 2011, industry end-market revenues were $35.4 billion, but these are expected to go down to $22 billion in the fourth quarter of 2012 due to a decrease in added capacity and reduced prices. NPD Solarbuzz expects that European demand will drop by 27 percent in the second half of this year, compared with the first 6 months... Source: NPD Solarbuzz; summary: PHOTON http://www.solarbuzz.com http://www.solarbuzz.com/our-research/recent-findings/expectations-pol
icy-adjustments-germany-drive-global-pv-demand-146-yy-q |
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Monty Bannerman
ArcStar Energy
646.402.5076
www.arcstarenergy.com
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