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Summary:

Research group The Information Network predicts that: ”The solar panel market will reach only 7.1 GWatts in 2009, equivalent to a global growth rate of 26 percent, down from a 48 percent growth in 2008….’Panel prices will likely fall between 20-to-30 percent in 2009 as global […]

Research group The Information Network predicts that:

”The solar panel market will reach only 7.1 GWatts in 2009, equivalent to a global growth rate of 26 percent, down from a 48 percent growth in 2008….’Panel prices will likely fall between 20-to-30 percent in 2009 as global supply of polysilicon doubles.”

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The demand for solar panels is going to keep increasing. As wireless networks spread to remote parts of the world, a large number of telecom equipment makers are using solar panels to power repeaters, cellular base stations and other parts of the telecom infrastructure.

Among other drivers, the incoming U.S. administration‘s eco-centric policies are likely to help keep the demand for alternative energy technologies, such as solar panels, steady.

Related link: Our prior coverage of  solar panels

By Om Malik

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  1. Does that price decrease tell us what will be happening at the consumer retail level?

    Frankly, aside from blogging about all this, I have a basic plan ready for PV panels for our home – as soon as costs get near my budget, that is.

    :)

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  2. [...] & MARKET RESEARCH Solar Panel Demand Strong in 2009: Report Research group The Information Network predicts that: “”The solar panel market will reach only [...]

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  3. [...] And in December, the Information Network said it anticipated global growth in the solar market to slow to 26 percent in 2009, down from 48 percent last year. We’ve been approaching the tipping point for awhile now, and [...]

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  4. Learn to build a outdoor solar lights

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