Solar Installation Growth Set To Hit 3-Year High

By |2022-05-18T13:01:10-05:00October 8th, 2013|

A new report from IHS Inc. forecasts that global photovoltaic installations will exceed 40 GW for the first time in 2014. This dramatic spike in solar installation growth will generate more than $86 billion in revenue. After a two-year slowdown, annual solar installations will reach 41 GW in 2014. IHS maintains its earlier prediction that installations in 2013 will total 35 GW. The new report says that PV installations