Global solar market to grow by 20% in 2014

[jpak]

http://www.pv-magazine.com/news/details/beitrag/global-solar-market-to-grow-by-20-in-2014_100014380/#axzz2udjBzwgA

A survey of the world's leading solar analysts by Bloomberg finds that the global solar sector will add 44.5 GW of PV capacity this year, underpinned by Chinese growth.

PV capacity in Asia Pacific and the U.S. will surge once more in 2014, joined by some of the emerging solar markets.

Bloomberg New Energy Finance (BNEF) surveyed some of the world's most knowledgeable and respected solar analysts to harvest their expert opinion on how the solar sector is likely to perform in 2014.

The results revealed that most experts anticipate PV capacity to grow by approximately 44.5 GW this year, swelling the industry by 20.9% compared to 2013.

<snip>

Capacity in the global solar PV market grew by 20.3% between 2012 and 2013, so experts agreed that similar levels of growth are to once again be expected in 2014. China will lead the way this year, cementing its position as the world's largest solar PV market ahead of Japan and the U.S., with state support for PV pushing the industry towards an additional 10-14 GW of capacity. These 'Big Three' will help propel PV to greater heights, believe many.

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[awoke_in_2003]

1. Good...

once I get caught up on bills, I plan on getting into the solar game.