IHS issues solar PV market predictions for 2013, expects ongoing consolidation

18 Dec. 2012 by

SOLARSERVER - IHS' solar research team has released its top 10 predictions for the solar photovoltaic (PV) market in 2013, forecasting that industry revenues will bottom out at USD 75 billion in 2013, even as installations rise.

IHS also predicts further consolidation in 2013, with many integrated manufacturers going out of business entirely, including Chinese companies. However, the analysis also predicts PV module price stabilization in the second half of 2013, leading to an industry rebound.

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