Analysis Of The Solar Photovoltaic Energy Market On A Global Scale

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Global Solar Photovoltaic Market Analysis and Forecasts to 2020 ( http://www.bharatbook.com/Market-Research-Reports/Global-Solar-Photovoltaic-Market-Analysis-and-Forecasts-to-2020.html ) report highlights the significant growth observed by the Global Solar Photovoltaic Market during the period 2001-08. The world-wide installed capacity of the solar photovoltaic power has escalated from 1.3 GW in the year 2001 to 15.2 GW by 2008. The report focuses on the analysis of the solar PV market by region and their relative growth scenario till the year 2020. The report also provides historical and forecast statistics relating to the installed solar PV power capacities, market structure and regulatory policies that govern the industry of the key solar PV nations. The growth trend of the leading solar PV countries guides the investors with regard to their investment decisions.

The report facilitates the identification of the key growth drivers that have led to the rapid development of the Global Solar PV Market. It also provides information relating to the solar PV technology and research and development (R&D) trends in the ...
... key Solar PV nations such as Germany, Japan and the US. The news and deals portfolio provided in the report helps an investor to gauge the market scenario of the global solar PV market and accordingly direct their investment.

Global Solar PV Power Market to be hit by Financial Crisis in 2009
Solar PV is the world's fastest growing energy source. The rapid growth observed by the global Solar PV market has been affected by the financial crisis. The impact of the financial crisis will be witnessed in the year 2009 with the dip in the annual solar PV installations in most of the countries engaged in the Solar PV electricity generation.

Financial Crisis to Lead to Consolidation
The global financial crisis has left a void in the world of renewable energy financing. The annual solar PV market to contract by 17% in the year 2009. The state of the financial markets in H1, 2009 signals a near halt in debt financing for large-scale solar power parks and this is likely to last until the end of year 2009. With the credit crunch in the market, smaller companies with weak cash flows are expected to be the most affected. This scenario would give an opportunity to the giants in the solar industry to takeover the smaller companies, leading to consolidation. The consolidation would give the big solar companies total control over the solar market. This is indicated by recent acquisitions such as SunEdison's acquisition of Business Institute Solar Strategy, Solar Millennium's acquisition of a 50% Stake in Ibersol Electricidad Solar Iberica from NEO Energia and a minority stake of Suntech in Asia Silicon. A total of 61 M&A transactions are reported to have taken place in the solar industry from July, 2008 (when the financial crisis started affecting the solar PV market) till to date. Consolidation is likely to end the current fragmentation of the solar PV market and facilitate the emergence of industry mammoths, with the ability to deliver massive economies of scale in the Solar PV industry.

Non-Silicon Thin-Film Technology Will Govern the Future Growth
Among the thin-film technologies, the non-silicon based technologies hold significant growth potential. The market share of this technology has increased in the recent years. The non-silicon based thin-film technology has the advantage that it is completely based on non-silicon material such as CdTe, CIGS, so the chances of it being hindered by the polysilicon market fluctuations are negligible. The significant growth prospects of this technology have triggered many companies to enter the non-silicon based thin-film market. Correspondingly, with new companies setting up their non-silicon production lines in the coming years, the market share for this technology is expected to increase at a faster pace in the near future.

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