How growing photo voltaic materials refuel the solar market
How growing photo voltaic materials refuel the solar market !
"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 !
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