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Perspective: Solar Energy Strategies Quarterly Update

6 Pages IDC March 30, 2012 SKU: IDC5134726

Perspective: Solar Energy Strategies Quarterly Update

This IDC Energy Insights Perspective discusses the latest release of IDC Energy Insights' Worldwide Quarterly Photovoltaic Module Tracker. The report highlights some of the key developments in the global solar photovoltaic (PV) industry in 4Q11 and presents our market expectations for 2012. During the past quarter, new global solar PV installations amounted to 5.5GW, thus leaving a somewhat positive mark on the otherwise challenging year. The surge in demand in several markets, most notably in Germany, exceeded the industry's expectations, effectively forcing the national governments to review their solar subsidy policies. Mounting budgetary pressures and the resulting withdrawal of subsidies in several European countries at the beginning of 2012 indicate that the demand shift across geographic regions is imminent. In 2012, we expect the European solar market to slow down markedly, while both the United States and China will strengthen their positions.


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Perspective: Solar Energy Strategies Quarterly Update

IDC
March 30, 2012

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