NEW YORK-- A new report from SBI, The U.S. Solar Energy Market, indicates that several factors favorable to the solar power industry will propel the market to triple digit growth, reaching nearly $12 billion by 2012.
Although growth may prove to have some bumps along the road, factors such as solar power's technological momentum, increasing private-sector solar investment and growing public-sector support will carry it overall.
Despite strong factors favoring the solar energy market, major factors impede solar's progress. Pricing, affordability, financing and lack of investment are preventing solar energy from advancing as quickly as it could. Other obstacles include potential supply shortages, unfavorable legal structures, utility barriers and lack of skilled laborers.
The U.S. Solar Energy Market examines the dynamics both pushing solar forward and holding it back. Comprehensive data on shipments, along with sales estimates and five-year projections are offered for the two major solar categories: photovoltaic and solar thermal with a special focus on concentrating solar power. Key trends are analyzed and major competitors in the marketplace are profiled.
SBI Reports
www.sbireports.com
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