Thursday, March 24, 2011

2009 global solar cell production growth will be less than 30%

2009 global solar cell production growth will be less than 30%


Yano Economic Research Institute of Japan latest report show that, because the Spanish restrictions FIT (Feed-in Tariffs; power companies to buy back high-energy power generation of solar power and other new) policy scale, combined with the U.S. financial crisis triggered by the aftermath of the global economic slowdown is now spreading to the solar cell market, it is estimated 2009 global production of solar cells will 8.295GW, only 27.5% annual rate, far better than in 2008 nearly 70% growth rate.


Investment Advisor in the new energy industry, said chief researcher Jiang Qian, integrated in the first half and three quarters of the situation two months in 2009, annual global production of solar cells less than 30% growth rate is also reasonable. First, the financial crisis on the impact of photovoltaic industry in first half of 2009 is most evident, a substantial loss of so many companies have laid off down production, of which the most prominent German companies in particular.


With the global economic recovery since the third quarter, clear signs of the photovoltaic industry is gradually out of the low tide period, the increase in orders has led companies are "recruiting", the Chinese PV manufacturers is one of the representatives.


In addition, slow growth and solar cell production corresponds, in 2009, a new global scale of the installation of photovoltaic power generation system will also be substantially reduced. Market research firm iSuppli latest data show that in 2009 the newly installed global PV systems will reach 4 GW (GW) about most of them in Germany. Germany will install 1.5GW, Italy 580MW, 300MW to 400MW will be there from Spain, California and Japan.


Jiang Qian believes that the decline in newly installed capacity is mainly reflected a sharp contraction in the Spanish market, which once again proved that the solar photovoltaic industry at this stage of the "policy market" characteristics.



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