After more than two years of gross overcapacity across the c-Si sector, leading to bankruptcies and frozen expansion programmes, the supply of modules will outstrip demand by only 8% in the second half of 2012, predicts market researcher Solarbuzz.
That forecast is based on the belief that the annual global PV market will grow to 30GW from about 27.6GW in 2011 – an underwhelming performance by the recent standards of the industry, but better than observers predicted only a few months ago.
Demand
