Record-Breaking Demand For Global Solar PV Industry in Q1 2014, According to NPD Solarbuzz

New solar photovoltaic (PV) demand added during the first quarter of 2014 exceeded 9 gigawatts (GW), which was 35 percent more than the previous first-quarter record, set last year. In fact, every quarter in 2014 is forecast to reach new highs, with trailing 12-month demand at the end of Q1 2015 forecast to exceed 50 GW for the first time, according to findings in the latest NPD Solarbuzz Quarterly report. 

The record level of demand achieved in the first quarter was driven by strong growth in Japan and the United Kingdom. These two countries combined accounted for more than one-third of global solar PV demand in Q1 2014 and set new quarterly records for PV deployed. 

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Southco Inc.  - POWER UP YOUR CHARGING DESIGN

Southco Inc. - POWER UP YOUR CHARGING DESIGN

With engineered access solutions for electric vehicle charging equipment. Southco's engineered access hardware, including locks, latches and hinges can help Electric Vehicle (EV) charging manufactures to achieve high standards of equipment performance, usability and security, providing a seamless charging experience for drivers.