| A consensus forecast of market demand compiled by First Solar shows the strong increase in 2010 - caused by the impending reductions in European feed-in tariffs, particularly Germany. Despite those reduced financial incentives, the global market is expected to grow in both 2011 and 2012, as large-scale facilities are built in the US and the PV market becomes a lot less reliant on Germany. Further out, China and India are both expected to become 20 GW-plus markets a decade from now. Source: First Solar/EPIA. |
