Photovoltaic sector will reach $ 134 billion in 2020

A study prepared by Navigant Consulting, the global photovoltaic market in 2020 is predicted that the global photovoltaic market can reach 134 billion dollars annually.

The financial incentives to be provided during the period between 2013-2020, while governments will protect the importance of the photovoltaic sector, while the power of solar electricity in the world will be increased by 438 GW, while reducing renewable energy targets and technology costs.

[[T]] Despite the negativeness of the influence of artificial low pricing, which is seen in the excessive production capacity and module prices in recent years, 2013 will be the year that the balance in the global photovoltaic industry begins to occur again. [

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Navigant Consulting estimates will also be observed that large-scale solar power plants all over the world in this period until the end of 2020 are widespread, distributed system costs are opened for the photovoltaic sector and reaching the grid prices in markets where electrical prices are higher.

] 12 July 2013 Green Economy

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