The predicted 18% jump in installations next year will coincide with annual revenues of more than $86bn, just off the all-time high $89bn set in 2011, and “firmly marking the end of the solar industry’s two-year slowdown”, the market researcher says.
The world installed less than 28GW of PV in 2011, but the fierce drop in module prices and subsidies over the past two years has eroded overall revenues – and caused a tidal wave of bankruptcies among manufacturers and integrators alike.
Yet
