The destiny of PV is in China and Japan’s hands



45% of the world’s request for solar power is said to come from the double Asian marketsin the remaining of this year, as consultants predict. A record of over 45 GW is forecasted for 2013.

NPD Solarbuzz, a solar consultant, announced that the world overreliance by the PV industry on China and Japan will go up in the rest of 2013

The last report is predicting that the two Asian countries will be responsible for over 45% of global solar demand until 2014, with a record of 35 GW.

As Solarbuzz estimates Japan’s, China’s, Germany’s and U.S.A.’s requests for PV reached over 60% of the global demand.

Solarbuzz also points out the fact that PV market will rely on the two countries is not necessarily a good thing as Europe is set to supply less than 30% of PV request this year as opposed to 50% of the second half of 2013.

45 % of the 15 GW demand until now was for large scale utility and commercial ground mount, 20 % for residential rooftop and 35% was for non-residential rooftop and off-grid.

 Roxana Moraru

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Posted by on Jul 3 2013. Filed under _featured slider, Asia, Market News, Solar PhotoVoltaics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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