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Bank Sarasin

Swiss Bank Sarasin: World Market Reaches 45 GWth in 2011

Submitted by Baerbel Epp on November 25, 2011

 Sarasin StudyThis week, the Swiss Bank Sarasin published the 12th edition of their solar industry report, covering all three solar technologies: solar heating and cooling (ST), photovoltaics (PV), and concentrating solar power (CSP). The chapter on solar thermal identifies great differences in the market development of national markets and regions. While the Chinese market continues to shine, many European countries are suffering from decreasing or stagnating markets. Nevertheless, Sarasin predicts a great future, with a global average growth of 12% per year until 2020.

Slow down after Boom in Germany?

Submitted by Baerbel Epp on December 1, 2008

The crises of the financial markets did not seem to harm the speedy growth of the solar thermal market in Germany. Industry insiders at the conference Forum Solarpraxis in Berlin on the 20th/21st November agreed that the collector area installed in Germany will reach 1.7 to 1.9 million m2 (1.2 to 1.3 GW). This is almost a doubling of the 2007 market volume of 950,000 m2 (665 MW).

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