ROOFTOP SOLAR TO BOOM

Distributed Solar Energy Market to Reach $55 Billion by 2012, Says Pike Research
September 9, 2009 (Business Wire via Reuters)

"Distributed energy generation, using a variety of renewable power technologies, is one of the most important tools for addressing the challenge of meeting the world`s growing electricity demands. Within the Renewable Distributed Energy Generation (RDEG) market, sub-utility scale solar photovoltaics (PV) systems are by far the largest and most significant segment. According to a recent report from Pike Research, ...distributed solar energy...global installed capacity will approach 2.5 gigawatts by 2012, with annual system revenues surpassing $55 billion..."

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"Distributed solar PV growth has been spearheaded in recent years by markets such as Germany, Japan, Spain, and the United States. [Distributed Solar Energy Generation] forecasts that the U.S. will become the largest market for small solar energy installations by 2011, surpassing Germany. Momentum is also strong in other European countries...China and India show significant promise in the long term."

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"...[The study] analyzes the global opportunity for distributed solar PV in the context of the broader RDEG market...[and] covers key business issues and drivers of demand, including government-driven legislation and incentives as well as market-based factors. Forecasts include worldwide solar energy generation capacity, system revenues, and installed prices through 2013...Pike Research is a market research and consulting firm..."