Landpower Solar Technology Co., Ltd

Global solar installation will reach 49 GW in 2014

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Courtesy of Landpower Solar Technology Co., Ltd

Global solar installation will reach 49 GW in 2014

NPD Solarbuzz predict the demand of solar module will likely to reach 49 GW next year. And they also estimated 36GW capacity of solar panel will end the solar installation in the year of 2013. The grow rate of next year’s solar installation will more than30% as the prices of solar panel still go down and become more stable.

China, Japan and the U.S. will be more important markets and bring momentum for global PV market. China’s solar installation capacity is going to reach 10 GW this year. Compare to year of 2012, the installation capacity increase of 200% and the total PV installation capacity is expected to reach 1,235 GW this year (2013) for Chinese solar market. Japan will be second largest PV market next year, the generous solar incentive as one factor continue to drive Japan more than 230% growth. The U.S market also reach year on year growth of 45%, solar is become major source of new electricity capacity in USA.

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