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How growing photo voltaic materials refuel the sol

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Post# of 1004
Posted On: 09/04/2013 10:14:16 AM
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Posted By: tikasun
How growing photo voltaic materials refuel the solar market ! 


Growing PV Materials Demand is Latest Sign of Solar Market Recovery


"In the latest sign that the global solar manufacturing industry is heating back up Lux Research anticipates that the market for PV materials will grow to $27.2 billion by 2015 . That’s a  52 percent increase over the $17.8 billion spent on PV materials in 2012. The anticipated increase in materials spending show that solar manufacturing is again increasing, and could indicate that a  new period of PV innovation is coming." 

" Lux’s new report anticipates that metals and associated materials including polysilicon, metallization pastes and metallic absorber, will be the largest part of the market rising to $12.8 billion by 2018 . Within that poliysilicon will be the biggest component, and will spur $6 billion in spending."

This sounds like a spending spree in favor of solar products. 

"Lux anticipated that the global PV market would grow to $155 billion—annually—by 2018. At that point PV manufacturers should be able to return to decent levels of profitability, even as  the cost of PV for consumers continues to drop . "

And that really makes it worthwhile to exploit the solar industry to the max ! 

$IFTF$


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