Research: Solar revenues to dip ahead of long-term gains

The solar industry will experience a rollercoaster few years as revenues dip ahead of a rapid recovery, according to a major new study from analyst firm Lux Research, which predicts the market will contract from $64.4bn in 2010 to $56.9bn next year, before recovering to more than $65bn by 2016.

The report will also provide further ammunition to campaigners in the UK who have roundly criticised the government for cutting incentives for large-scale solar installations earlier than expected and are currently urging ministers not to impose further deep cuts when they review the UK’s feed-in tariff incentive scheme next year.

Read the full article on Business Green website by clicking HERE

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