Monday, October 11, 2010

Global Demand for Solar Projects is Strong

Very interesting article from Reuters Canada about the strong demand Chinese and Canadian companies are having for solar products:

Chinese companies LDK Solar Co Ltd and Canadian Solar Inc are increasingly upbeat about their shipment outlook, signaling strong demand for solar products.

Sales of solar equipment have jumped this year as buyers rush to build projects ahead of declining subsidies in major European markets, including Germany -- the world's largest solar market -- Italy and France, as governments pare back spending to support renewable energy systems.

Companies around the globe, particularly in China, are quickly adding factories to increase production capacity of cells and modules to keep up with this growing demand.

A very good sign and interesting that Germany is the world's largest solar market!

I try to cover articles on solar projects in general and more specifically solar powered lights here and on my blog.

Thanks for reading,

Jill Olsen

 

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