Breakdown of Solar Demand in Q1 & Q2 2013

According to NPD Solarbuzz analyst Michael Barker, Germany, China, Japan, and the US accounts for more than 60 percent of solar demand in the first half of 2013. China and Japan alone are responsible for 45 percent of global demand in the second half, up from just 10% three years ago.

According to the quarterly report from NPD Solarbuzz, nearly half of the demand in the first half came from large-scale utility and commercial ground-mount applications, with just 20 percent from residential rooftops. The rest of solar demand came from non-residential rooftop installations like businesses and off-grid applications.

“The solar PV industry continues to transition from a European-dominated environment to a global market, with a wide range of countries contributing to growth in the overall PV market,” said Michael Barker, Senior Analyst at NPD Solarbuzz. “Until this transition phase is completed, however, the PV industry remains highly dependent on a small group of countries currently at the multi-GW level.”

Click here for the complete NDP Solarbuzz Quarterly report.

© 2013, Richard Matthews. All rights reserved.

Related Articles
Deutsche Bank Revises its PV Forecasts for 2013
Ambitious Growth Predicted for Solar in 2013 and 2014
Solar Increasingly Sustainable Even Without Subsidies
Jinko Solar: Silicone Procurement at the Heart of its Success
Outlook for the Chinese Solar Industry in 2012
US Solar Energy Review and 2012 Forecasts
Renewable Energy Is Our Only Hope
Cleantech the Next Great Investment Opportunity

SHARE

Melili

• 
• 
• 
• 
•