solar industry

According to a research report published on Barron’s, the global solar market will expand at a 23% compounded rate to $77 billion by 2015, from an estimated $39 billion in 2010. Lux analyst Ted Sullivan believes that the industry will handily beat the current long-term expectations for the industry, with an increase in shipments in 2015 increasing to roughly 26.4 GW, up from 9.3 GW in 2010.