WHERE SOLAR IS HEADED
This is Why Solar Panels Will Boom Early Next Year; But the forecasts aren’t completely sunny in 2016. Here’s why.
Katie Fehrenbacher, November 9, 2015 (Fortune)
"The global market for solar panels is expected to soar to a record high in the first half of 2016 because of strong demand as well as favorable policies in the U.S. and China…[but in the second half of 2016 and into 2017] growth is expected to slow after the U.S. lowers its solar tax credits and a push by China to install more panels ends [ according to IHS Technology]…At the end of 2016, the U.S. will reduce an important 30% tax credit for customers to 10%. As a result, solar sales, particularly to utilities, are expected to slow in 2017…[And following a similarly policy-driven] solar push, China’s market will likely slow in the second half of 2016…Overall, the market for solar panels is expected to continue to grow globally beyond 2017. As the cost of installing and making solar panels continues to drop, the technology will increasingly be more attractive to customers as an alternative to fossil fuel-based energy.” click here for more