2008 World Solar Power Status Report of the EU Joint Research Center
by Energy Matters, Australia
Source:
http://www.energymatters.com.au/index.php?main_page=news_article&article_id=255
A recent report from the European Union’s Joint Research Center Institute for Energy shows continued massive increases in the annual growth rate of global solar cell production. Growth in production averaged 40% over five years ; peaking at 60% in 2007 when solar cell production reached 4 GWp. The solar panel sector has become an AUD $28.5 billion a year business and is expect to grow to AUD $85.5 billion in 2010, while still seeing price drops on solar panels for end consumers. Sharp Corporation is now the number one solar cell manufacturer followed by Q-cells and Suntech. The market share of the ten largest solar cell manufacturers has eroded from 80% in 2004 to 57% in 2007 due to an increasing number of companies entering the solar cell production market, predominantly in China and Taiwan. (more…)