“In the highest probability situation, 2014 will see a new market decline in Europe that could limit the amount of new connections to around 8-9GW,” EPIA says in its Global Market Outlook for Photovoltaics 2014-2018 report, published on Monday.

In the latter half of the decade, the growing competitiveness of PV in several key countries could maintain a market of 10-12GW, the report says.

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