Sunday, May 9, 2010

PV Market Outlook: Cautious Optimism for 2010

 Opportunities in the photovoltaics market in 2010 remain strong, say industry analysts participating in a PV World survey, but as Alfonso Velosa of Gartner cautions, "the challenges appear to be stronger than the opportunities at the moment."

Such guarded optimism for the year ahead is the general consensus among analysts, with worldwide growth opportunities confronting several to-be-determined factors, such as the stability of the global economy, the fate of government incentives, feed-in-tarrif (FIT) restructuring in Germany, and overall sliding module prices.

Some analysts believe certain aspects of PV manufacturing — specifically, thin-film — have bright days ahead in 2010. Says Bob Klenke of ITM Marketing, "The significant increase in thin film manufacturing will dominate the demand for new manufacturing equipment, accounting for approximately 50% of capital investment over the next decade. Virtually every company involved in the electronics supply chain should ask themselves how they can benefit from this unique growth opportunity."

Overall, however, as analyst Paula Mints of Navigant Consulting observes, "Despite eagerness to leave a painful 2009 behind, hang on tight PV industry, because 2010 promises to be a bumpy ride."

Source:  Photovoltaics World magazine    Read full article here. 

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