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Surge In Solar PV Industry IPOs

A mushrooming production capacity for solar cells and modules has been accompanied by growing production and re-cycling of silicon.
by Staff Writers
Dublin, Ireland (SPX) Feb 18, 2008
Research and Markets has announced the addition of Solar PhotoVoltaics Report Edition 5 2007 to their offering. This is the 5th edition of the SVP Solar Photovoltaic Report. The report provides data up to the end of 2006 and available information for 2007.

The solar PV market continued to grow, both in installed capacity and production although it was held back by a worldwide shortage of solar grade silicon. Opinions differ within the industry as to the future duration of this shortage and these are discussed.

2006 and 2007 have been significant for the entry of an important new player in the global market, China. Chinese solar PV companies have developed very fast and a number have conducted IPOs in China and other countries. A mushrooming production capacity for solar cells and modules has been accompanied by growing production and re-cycling of silicon.

Domestic demand in China has not kept pace and it is an export orientated industry to date. Germany, Japan and the USA remain the global leaders, but new countries are entering the market and the industry is spreading beyond its historical areas. These impressive developments have been accompanied by some uncertainty due to the breakdown in the statistical recording system in Germany, the largest market with half the world's installed capacity.

Outline of Report

- The report provides data up to the end of 2006 and available information for 2007

- Germany has consolidated its position as the largest solar PV market, followed by Japan and the USA

- The dramatic emergence of China as a world player, with ambitious expansion plans for Solar PV

- There has been a surge of IPOs in the solar PV industry, with many Chinese and US start-ups seeking capital

- The silicon shortage continued and is evaluated, the future outlook discussed

- New feedstock technologies and sources are emerging to combat the global silicon shortage

- Continued entries of large Japanese corporations into the solar market

- Big plans for Japanese and German companies, with large production expansion

- At least five companies have staked their position to become the "world leader"

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Work Begins On Solar Manufacturing Project In Bucks County
Fairless Hills PA (SPX) Feb 18, 2008
Department of Environmental Protection Secretary Kathleen A. McGinty has welcomed another major clean energy manufacturer to Bucks Countys Keystone International Port Complex, saying Pennsylvanias commitment to renewable technologies is driving innovation and creating opportunities for the states workforce.







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