Global solar PV installation is expected to break through 18GW in the second half of 2012
According to recent PV analysts, the US solar PV market has more than doubled in the first half of 2012, and the installation in 2012 is expected to exceed Europe. From January to June this year, US solar PV installations reached 1.7GW, an increase of more than 120% compared to 750MW in the same period last year, and the first quarter report released by IMS research institutes this month shows that the US market may reach 4.3 installations throughout the year. GW. The report also pointed out that in the first half of 2012, global solar installations exceeded 13 GW, creating a new record, with the German market and the US market leading the growth. However, the United States will be the single largest contributor to global solar installation growth in 2012, accounting for 40% of new capacity. IMS said that although Germany has a good start this year, the European market may shrink by nearly 3GW in 2012. "We are still optimistic about the potential of the US PV market. We expect the US to grow to at least 3.5 GW and become the world's third largest PV market in 2012," said Sharma, director of photovoltaic research at IMS Research. "He added that the US The long-term prospects of the market are a little less, but the pace of development this year is still worth encouraging. It is worth mentioning that the slowdown in the European economy is unlikely to affect the global solar market demand and the market acceleration in the second half of 2012. Driven by markets such as China, Japan and the United States, more than 18 GW of record installations are likely to be seen in the second half of 2012. The report also mentioned that the 1.7 GW Golden Sun project approved by China must be completed before the end of this year, and the solar PV on-grid tariff policy that took effect on July 1st in Japan will help stimulate market demand.
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