Reportlinker.com has added a new report to its catalogue titled “Analysis of Worldwide Markets for Solar Products & Five-Year Application Forecast 2011/2012”.
The solar power industry as well as related technologies, which include concentrated solar power (CSP), concentrated photovoltaic (HCPV and LCPV) and photovoltaic(PV) are going through a transformation phase as a seven-year period of capacity building, aggressive pricing, and promises of grid parity, driven largely by feed-in tariffs, is now getting over. With a decline in profitable feed-in-tariff, and business that is based on the Tenders and Power Purchase Agreements (PPAs), players in the solar industry are striving to develop novel business models and markets.
Future market for the solar industry depends on the financial position of economically developed and the upcoming countries. In developing countries, the growth of the market struggles due to unstable economies, poverty and lack of credit, whereas in developed countries the incentives and subsidies are being neglected. Availability in the market is favorable, when the prices are less due to its depreciation. The business makeover is more focused in upcoming and remote areas. Decline in the price of PV technology and polysilicon have put many companies in trouble. Lesser deal and reduced rate of natural gas in the United States market may cause the solar projects difficult to survive. Survey predicts this crisis may follow in 2013. Poor quality of PV technology and solar installation will be the factors, study says that the growth in 2012 will be between 24-GWp (4% over 2011) and 31-GWp (31% over 2011), with gradual growth over the period.
This Seventh Annual Navigant Global Analysis Report surveys the growth of solar products in the global market with its economic and incentivized development, along with the market forecasts solar PV application segments through 2016, regional forecasts for PV through 2014, and forecasts for CPV and CSP through 2016 under reduced incentive, conservative, and aggressive conditions.
Source: http://www.reportlinker.com/
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