PV Installations To Soar in Second Half of 2011

Despite a very weak start to the year, IMS Research has recently increased its photovoltaics (PV) forecast for the full year by more than 1 GW and predicts that more than 22 GW of new PV capacity will be added in 2011. The research firm cited growing demand in all major markets, notably in Asia and the Americas, as well as a pick-up in the sluggish German market, and installations in the second half will be nearly double that seen in the first six months.

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