NewEnergyNews More: SUN TO HIT $134BIL BY 2020

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    • Wednesday, July 31, 2013

    SUN TO HIT $134BIL BY 2020

    Solar PV Market Forecasts; Installed Capacity, System Prices, and Revenue for Distributed and Non-Distributed Solar PV

    3Q 2013 (Navigant Research)

    "…Following years of solar PV module oversupply and unsustainable, often artificially low pricing, 2013 is expected to be the year that the global solar PV market begins to stabilize. Market activity is shifting from Europe to Asia Pacific and, potentially, the United States…There is also considerable opportunity in…Chile, South Africa, and Saudi Arabia…By the end of the decade, solar PV is expected to be cost competitive with retail electricity prices without subsidies in a significant portion of the world. Navigant Research forecasts that annual revenue from solar PV installations will surpass $134 billion by 2020…” click here for more

    click to enlarge

    posted by Herman K. Trabish @ 5:25 AM

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