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Tue Jun 3, 2014, 09:05 AM

Solar market to nearly triple by 2018 as Asia leads Europe-EPIA

http://www.reuters.com/article/2014/06/02/solar-markets-epia-idUSL6N0OD1OS20140602

FRANKFURT, June 2 (Reuters) - Globally installed solar capacity will nearly triple over the next four years, boosted by strong growth in Asia, which dethroned Europe as the world's biggest solar market last year, according to a major industry association.

Cumulative photovoltaic installations are seen rising to about 374 gigawatt (GW) in 2018, compared with 139 GW last year, the European Photovoltaic Industry Association (EPIA) said on Monday in its annual market report.

The figures are based on EPIA's "medium scenario", which it says depicts the most probable market development until 2018.

Asia is expected to account for more than 40 percent of the global total in 2018, up from about 29 percent in 2013, while Europe's share will diminish to about 35 percent, down from last year's 59 percent.

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Reply Solar market to nearly triple by 2018 as Asia leads Europe-EPIA (Original post)
MisterMan Jun 2014 OP
Badsamm Jun 2014 #1
Jack Burton Jun 2014 #2
Jaime Espinoza Jun 2014 #3

Response to MisterMan (Original post)

Tue Jun 3, 2014, 11:08 AM

1. It take three times the amount of silver

To triple solar expansion.

And that is on top of a steady decline in silver mining production.


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Response to Badsamm (Reply #1)

Tue Jun 3, 2014, 11:21 AM

2. Don't harsh the global warming alarmists dream with reality

It is all rainbows and unicorns don't your know

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Response to Badsamm (Reply #1)

Tue Jun 3, 2014, 12:04 PM

3. Since this is a picture of relative silver demand by industry, I doubt that's much of a worry



especially since total physical demand and supply are right around a billion ounces. PV is about 5% of demand, with >25% of historical demand coming from photography, a rapidly dying requirement.

If you weren't panicked over silver in 2000, you needn't be even if PV demand quintuples, let alone triples.

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