A Bullish Outlook for Solar in 2014, says Deutsche Bank
From PV Magazine
A poll conducted by Deutsche Bank research analyst Vishal Shah at this week’s Solar Power International event in Chicago has revealed that most solar companies in attendance anticipate a rather bullish 2014 for the industry.
Although official figures are yet to be confirmed, investor attendance at the conference has increased markedly, and is possibly the highest since the onset of the financial crisis. The bullish mood was reflected across the board, with Deutsche Bank reporting that most companies expect global PV installations to reach 45-50 GW in 2014.
While Europe will continue its period of consolidation, emerging markets will join the U.S. in creating numerous robust solar industries elsewhere, chiefly in South America and the burgeoning Middle East. China and Japan will continue to enjoy strong growth, driven by Yingli Green and Trina Solar, who will “remain the picks in the Chinese solar sector,” according to Shah.
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