Costs of solar electricity have fallen so rapidly that new markets, applications and business models are being unlocked faster than is generally realised. The emergence of new applications which have not been on the market development radar before now is offering exciting opportunities to expand the deployment of solar PV. At the same time, the market was driven by the boom of PV installations in China, a boom that was halted by the Chinese decision to control its market. With the largest market going down, what will happen to the PV industry and which markets will compensate this in the coming years? Will this turmoil change the path of PV development in the coming years? While the PV market was expected to continue booming, we may see some “lost” years before it grows again.
This event will first discuss the development of the PV market, and the impact of policies on the speed at which PV could develop. Will policies continue to shape the market and especially long term targets? From China to the USA and from Spain to Japan, this workshop will challenge the future evolution of PV.