GLOBAL demand in the photovoltaic (PV) industry saw an increase of almost 20% compared to last year, said market research firm Solarbuzz, in it’s latest quarterly report to the industry sector.

In new findings Solarbuzz say PV installations also hit record levels and global demand for solar PV demand will exceed expectations in 2014, with signs of pricing now stabilising in the third quarter.

The UK and Japan in particular will see a surge in projects racing to completion in early 2014, with half of global growth projections in the US and China.  

The report from Solarbuzz said its report analysed end-market PV forecasts for the top 100 nations in solar PV installation rates.

Source: Solarbuzz
Pvcompare team