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U.S. Photovoltaic Installations May Fall Short Of Expectations in 2012

November 22, 2011, 06:30 AM
Filed Under: Energy

An article from Solar Industry states that according to a new report issued by ClearSky Advisors, the outlook for the U.S. solar PV market is positive, however 2012 will not offer some module manufacturers the relief they were hoping for in equipment pricing. The report predicts installed volume will grow 7% in 2012. However, falling equipment prices - especially for PV modules – will result in the overall market value for 2012 to be flat or perhaps drop when compared to 2011.

According to the article, overcapacity in the solar supply chain will spur significant competition in the solar PV supply chain, with average selling prices for modules continuing to fall for at least the first part of 2012.   The report issued by ClearSky Advisors adds that market conditions are not expected to significantly improve until 2014 for equipment suppliers.

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