Mar 20, 2014
Solarbuzz: Solar PV industry set to grow rapidly in next 5 years, DigiTimes says
The solar photovoltaic industry is set for rapid growth for the next five years with a projected increase in annual PV module revenue to $50B by 2018, reports DigiTimes, citing Solarbuzz. The global solar PV industry is set to reach a capacity level of 500 MW in 2018 and up to 100GW of annual deployment in 2018. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE).
Nobody questions the future of solar. Just YGE's performance is not like the other leading solars which became postive now and making money! I am wondering if it can not perform in such good market conditions, when then??
and 5 years after that, you start getting replacement panels for the installs that are 15 years old. When the 20 year platau is reached, then you get new production installs plus replacement part sales that as time grows demand even more. Only 10 years away