Solar Photovoltaic Market Grew 34% in 2005


"World solar photovoltaic (PV) market installations reached a record high of 1,460 Megawatts (MW) in 2005, representing annual growth of 34%, says the annual PV market report issued today by Solarbuzz LLC, a San Francisco based solar energy consultancy". .."Germany's PV market grew 53% to 837 Megawatts in 2005, corresponding to 57% of the world market. This level is eight times the size of the United States market"..."The on-going capacity shortfall will restrict world PV market growth to just 10% in 2006". .."The 200-page report includes a full, authoritative analysis of the supply/demand balance through the PV industry business chain, an annual survey of solar energy installers, and a detailed review of price movements in the major world markets". SolarBuzz is a very useful site. The supplier index and job listings make a visit worthwhile.