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Global PV Installations to Grow by up to 21 Percent in 2012 Predicts IMS Research

Global solar PV installations will grow by at least 3.5 percent and up to 21 percent in 2012, according to a new report from IMS Research, recently acquired by IHS Inc. (NYSE: IHS). The market analyst firm forecasts that despite incentive cuts in most of the world’s largest markets, global installations will grow from 26.9 GW in 2011 to between 27.8 GW and 32.6 GW in 2012, with Europe’s share of installations falling from 69 percent last year to 50 percent this year.

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04 April 2012

This article is referenced online at:
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