Forecaster ramps up estimate for global solar installs

Digitimes Research had initially forecast 26.9 gigawatts (GW) of solar installations around the globe in 2012. But the firm revamped its forecast upon receiving positive information from Germany. They now predict this year will see 28.5 GW of solar power installed.

According to Digitimes Research’s online brief, “Demand in the solar market returned more apparently in January 2012. Tier-one and tier-two firms have all been experiencing increases in orders and capacity utilization rates.

“Product prices have been steady. Polysilicon spot pricing has been increasing slowly. However, module prices will be pressured by incentive cuts.”

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