The market research company iSuppli issued a forecast report on October 4, 2010, stating that although there will be great changes in prices, demand, and government subsidies, the global photovoltaic market will continue to grow strongly in 2011. In 2011, photovoltaic facilities will increase by 42.3%.
iSuppli Corporation predicts that global solar PV facilities will increase from 14.2GW in 2010 to 20.2GW in 2011. As the world's leading photovoltaic (PV) market, Germany, will continue to play a key role, will account for half of the total facilities, will reach 9.5GW. The total amount of PV in 2010 will have considerable growth, but the expansion will be significantly lower than the growth rate of 97.9% in 2009.
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