Solar photovoltaic set to grow (Globa and Mail)

http://www.reportonbusiness.com/servlet/story/RTGAM.20080512.woxfordanal0512/BNStory/energy/home?cid=al_gam_mostemail

SUBJECT: The solar photovoltaic (PV) industry.

SIGNIFICANCE: Supported by favourable subsidy regimes, the solar PV industry is expected to maintain its current rate of rapid growth, raising its long-term potential to contribute substantively to world energy supply.

ANALYSIS: The solar photovoltaic (PV) industry has expanded rapidly over the past six years as supply-side concerns have eased, particularly supply of solar grade silicon: Worldwide total installed PV capacity was 6,500 mwp (megawatts peak) at end-2006, compared with 1,200 mwp at end-2000, according to the European Photovoltaic Industry Association (EPIA).

Installed capacity increased by 1,467 megawatts (mw) in 2006, compared with 1,320 mw in 2005.

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