The global PV market is expected to grow by 22.6% in 2011

International research institute iSuppli released its latest PV industry research report in Shanghai, saying that global PV installations will grow by more than 100% year-on-year to 15.7GW (gigawatts) this year, higher than the industry's widely expected 15GW, 2011 growth. Will reach 22.6%.

"The global solar installed capacity is expected to reach 20.2GW next year and the installed capacity will increase by 22.6%," said Henning Wicht, principal analyst of photovoltaic materials and systems at iSuppli. The price will weaken at the end of the first quarter of 2011, and weak prices will lead to demand in the second quarter. Great increase.

Due to the downward adjustment of FIT (on-grid tariff subsidy policy) impact on the German and Italian markets, the current debate on the PV market in 2011 is weak or continue to grow strongly. iSuppli predicts that Germany will lead again with 9.5GW; Italy and the United States are close to 2GW; Czech installed capacity will decline significantly in 2011, from GW to 20%; France's installed capacity will be reduced from the previous 1080MW (MW) To 700MW.

For the installed capacity of the Chinese market next year, iSuppli is expected to expand from 400MW this year to 800MW, and in 2014 it will be about 1.5GW.

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