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Global demand for solar PV projected at over 11.3 GW in 2010

Saturday, 12 June 2010 08:20

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"We are glad that top market analysts such as Shyam Mehta will take part in our conference to discuss the strategic implications of the surge in demand in 2010 and upcoming feed-in tariff cuts in Germany and Italy."said Edwin Koot,CEO of the conference organizer Solarplaza. "The question is: will the industry be able to enforce price drops of solar modules and systems after 2010 and will margin compression lead to the expected industry consolidation?"

With the German feed-in tariff being scaled back, the solar industry could head for a shake-out in the coming years if not prepared. Expect big changes in the solar industry in the years to come, said Mehta, who predicts an increase of 20 percent a year from 2012 and on. In a global recession, solar companies continue to tap new customers and race toward grid parity. Mehta predicts that the world will reach 17 Gigawatts of capacity by 2013. "It is safe to say that the solar world in 2020 will be vastly different from the one that we see today," Mehta said.

For more information on the conference "The Solar Future" in Munich on June 8 at the Sheraton Munich Arabellapark , and to register, please visit www.thesolarfuture.com, or contact Edwin Koot, This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Source: SolarPlaza