European PV Market to Change Significantly over Next 3 Years

 The News:   FIT rates in Europe are being reduced over next few years - as EU countries plan to follow the lead of Germany to reduce incentives.

My View:  You can expect the following trends to emerge:

1.   Chinese companies to get a bigger share of the market - as developers shop for lower prices to keep investor yields attractive at the lower FIT rates

2.   Big power companies (e.g., ENEL in Italy, and Electricite' de France (EDF) will expand large scale projects - pushing prices down further).

3.   Big name companies - GE, Siemens, ABB will be active in the big ground-based project development.

Growth will remain strong - but market share will shift toward Asian suppliers.

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