Focus Incentives and Funds

20.01.2014

New boom for the global solar market in 2014 and 2015

Deutsche Bank, has predicted d a new boom in the photovoltaic (PV) installation worldwide with an increase of installed solar PV up to 56 GW in 2015, that means almost two times the current available solar power.
Deutsche Bank, has predicted d a new boom in the photovoltaic (PV) installation worldwide with an increase of installed solar PV up to 56 GW in 2015, that means almost two times the current available solar power.
 
This significant rush is due to increased interest in solar energy by countries such as Usa, Japan and China; the last one in particular plans to have 35 GW of solar PV installed by 2015. Other regions, especially the very sunny ones, are planning to tap their full potential in regard to solar energy.
 
Despite Deutsche bank has predict an incredible growth from 12 to 17 GW, they  assigne an increase of 7 to 8 GW to the European solar market.
 
As regards prices, solar panel are estimated to be low throughout 2015 as well as the prices for components like inverters or for the installation of solar systems; these are additional reasons to expect a growth on solar systems in the next two years, as estimates by Deutche Bank.
 
We don’t know wtat will happen in Usa market after 2016, when Energy Investment Tax Credit, will be phased out then.