Solar Photovoltaic Market Guide 2012

Wednesday, Nov 23, 2011

Research and Markets has announced the addition of the "Solar Photovoltaic Market Guide 2012" report to their offering.

This report provides a comprehensive understanding of solar photovoltaic technologies, applications, regulatory framework, and economics. It examines the potential of the global photovoltaic market and includes an analysis of the major players as well as regional and country analyses of the global PV market, including installed capacities, market size and growth.

The U.S. solar power market grew a substantial 67% in 2010. Solar market share leapt to $6 billion in 2010, up from $3.6 billion in 2009. These gains were aided by federal tax credits and reduction in technology costs.

President Obama has aggressively supported renewable energy sources with Congress extending the federal tax credits through 2011, which originally set to expire at the end of 2010. The exploding industry growth supports the solar industry's goal of powering 2 million homes a year by 2015.

Source: Business Wire