Global Solar Installations Advanced 20% In 2013 2nd Quarter

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

World-wide solar installations advanced by 20%  in the second quarter of 2013.

PV Tech noted a recent study from IHS which said second quarter installations reached 8.5 GW, compared to first quarter results of 7.1 GW.

Image Credit: Solar Panels via Shutterstock

Chip in a few dollars a month to help support independent cleantech coverage that helps to accelerate the cleantech revolution!

Increased margins, and prices, along with strong end markets provided underlying support, IHS said.

“This is the highest revenue since the fourth quarter of 2011 and even exceeded the IHS prediction of US$7.0 billion. As we had anticipated at the end of last year, the second quarter of 2013 marked the turnaround of global module markets,” said IHS principal solar analyst Stefan de Haan.

The IHS report came out at the same time as strong US second quarter numbers were released last week. US Solar Insights Report pointed to 832 MW of new solar PV installations, the second best on record.  However, dropping business installations (declining by 11% last quarter) and policy concerns at various state levels dimmed some of the good news. Depending on various global macro-economic, policy, and regulatory matters, third quarter numbers (July until September) will likely give a glimpse on the overall 2013 picture.


Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Latest CleanTechnica TV Video


I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
 
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
 
Thank you!

Advertisement
 
CleanTechnica uses affiliate links. See our policy here.

Adam Johnston

is expected to complete the Professional Development Certificate in Renewable Energy from the University of Toronto by December 2017. Adam recently completed his Social Media Certificate from Algonquin College Continuing & Online Learning. Adam also graduated from the University of Winnipeg with a three-year B.A. combined major in Economics and Rhetoric, Writing & Communications in 2011. Adam owns a part-time tax preparation business. He also recently started up Salay Consulting and Social Media services, a part-time business which provides cleantech writing, analysis, and social media services. His eventual goal is to be a cleantech policy analyst. You can follow him on Twitter @adamjohnstonwpg or check out his business www.salayconsultiing.com.

Adam Johnston has 305 posts and counting. See all posts by Adam Johnston