Robust Asia and Germany drive up PV demand, analyst says

The outlook for 2012 installations is "rising continuously", says IHS iSuppli

Global PV demand is once again shaping up to be significantly stronger in the second half of the year than even bullish observers had initially predicted, thanks to fast-growing Asian markets and a softer-than-expected landing for Germany.

With Europe moving swiftly to phase out its legacy feed-in tariffs (FITs), the US having imposed preliminary anti-dumping tariffs on Chinese modules, and new Asian demand centres still at an early stage of development, many analysts expected the global PV market to stagnate in 2012 – or perhaps even decline for the first time in recent memory.

But the outlook for 2012 installations is “rising continuously”, says Stefan de Haan, principal PV analyst at IHS iSuppli, with recent order reports from Taiwanese cell makers bolstering the newfound optimism.

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