CCBJ Vol II No 08-09: Solar Energy
Hammered by the recession and excess capacity, the solar energy industry's revenues declined sharply in 2009, but CCBJ puts the downturn in the context of a longer-term trend toward a high-volume, lower-priced market, particularly for the photovoltaic (PV) segment. CCBJ's quantitative analysis includes the value of energy produced, both in electricity from PV and concentrating solar thermal power (CSTP) and heat and hot water from solar water heating (SWH) units. CCBJ estimates that lower pricing and decreased volume will reduce PV manufacturers' revenues by 27% in 2009, but that recovery will begin in 2010, followed by a return to double-digit growth in 2011 or 2012.
Version: 2009-0809 : If you have current subscriptions, please log in to download.