Solar cell, semi industry investments equal by 2010, iSuppli reports

[OKIsItJustMe]

http://www.edn.com/index.asp?layout=article&articleid=CA6572440

Solar cell, semi industry investments equal by 2010, iSuppli reports

The market research company expects global production of PV cells to rise to as much as 12 Gigawatts (GW) by 2010, up from 3.5GW in 2007.

By Ann Steffora Mutschler, Senior Editor -- Electronic News, 6/23/2008

Due to the explosive demand for solar energy, El Segundo, Calif.-based market research company iSuppli Corp is predicting that worldwide investments in the production of photovoltaic (PV) cells will rise to the same level as those for semiconductor manufacturing by 2010.

The company expects global production of PV cells to rise to as much as 12 Gigawatts (GW) by 2010, up from 3.5GW in 2007.

Also by 2010, iSuppli predicts that there will be as many as 400 global production lines that can produce at least 1 Megawatt (MW) of PV cells per year, which would be a four-fold increase from the approximate 90 to 100 production lines running in 2007.

Factories capable of 1GW of annual PV production will be established with the aim of ensuring continued strong delivery of PV cells to the market, the company noted.

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