Blogs, Solar

Intersolar: How Long Will the Boom Last?

Last year at Intersolar North America, the mood was pretty gloomy. This year, as I talk with a range of analysts and executives, the mood is far more upbeat. With global PV growth projected to be 98% this year, what’s not to be happy about?

The U.S. could see about 800 MW to 1 GW of PV installed in 2010. World-wide, we could see anywhere from 12 GW to 14 GW of capacity put in the ground.

Of course, it’s not all sunshine and rainbows. Plenty of companies are finding it difficult to attract investment for technology development and project construction. And the uncertainty around policy in European countries and in the U.S. could have a negative impact on the industry in 2011. But all in all, it’s amazing to see the differences between the atmosphere at the conference this year and the conference in 2009.

Here’s one of the handful of analysts we spoke with, Stefan de Haan of iSuppli, about the boom in the PV industry. The skies have cleared, but there are certainly plenty more clouds on the horizon.