3. The Global PV market
WORLD PV MARKET
[MWp/year] NEWLY INSTALLED PV POWER
12.000
10.000
CAGR: 50%
8.000
6.000 Crisis, what crisis?
4.000
2009: +11% growth
2.000
2010: +69% growth
-
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
4. The leading PV markets in 2009
4000
3500
3000
53% global
2500
market share;
10 MW/day…
2000
1500
1000
500
0
Italy
Japan
Republik
Belgium
France
South
Australia
UK
China
Germany
Korea
USA
Czech
15. Conclusions
• 2010-2015:
– UK PV market will start to grow
– Declining module prices
– Industry consolidation
• 2015-2020:
– Growing subsidy independence
– New business models
– Strong global growth
17. Grid-parity, and then…?
• New business
0,30
[€/kWh] Electricity
0,25 price
models 0,20
• New energy 0,15
Solar energy
price
companies? 0,10
• Capital is crucial 0,05
0,00
2010
2012
2014
2016
2018
2020
2022
2024
2026