WHERE IN THE WORLD SOLAR IS GROWING

Top 10 Solar PV Markets Illustrate Shifts in Global Demand

March 11, 2014 (SolarBuzz)

“…Looking at the growth rates of [the top 10 global PV markets and over 80% of end-market demand] in 2013, we can see a distinct trend…away from Europe and towards Asia…[T]he three fastest growing markets in 2013 were Japan, China, and Thailand, each more than doubling…[T]hree of the top European markets saw end-market levels decline…[B]y 2013 market size and forecast 2014 growth rates…China and Japan were the largest markets and grew the most by far…[and are] projected to continue increasing in 2014, but the shift to Asia will be further aided by growth in the Indian and Thai markets. In fact only two top-10 markets, Germany and Australia, declined in terms of market size in 2013 and are forecast to continue the decline…” click here for more

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