Source: EnergyTrend
Source: Utilization rate increases in 1Q13, PV industry accelerates concentration
EnergyTrend, a research division of Trendforce, indicated in its “Gold Member Report” that although global grid-connected installations in 2013 may not increase significantly compared to the amount of 2012, the actual demands of China, Japan, US, India, and other emerging countries would increase. In 2013, global demands for modules will exceed 30GW (approximately 32-34GW, a 7% yoy increase). Due to the increased demands and reduced supply, the PV spot price and utilization rate is expected to rise.