imagesThe Intersolar Europe, taking place in the Bavarian state capital Munich this month, is the international hub for innovation and provides the solar industry with an ideal meeting point.

On a global scale the installation of photo-voltaic systems is predicted to grow in 89 countries in 2015. Demand in PV systems will increase 30 %. That is good news and it comes from the latest “PV Integrated Market Tracker” published by London-based market analyst IHS. At the same time IHS expects a decreasing market for only 7 countries – compared to last year’s data this means 14 countries that turned from shrinking to expanding markets, plus another two countries that entered the survey.“  IHS predicts for this year a good combination of high demand in a vast number of countries, no collapsing end-markets and stabilizing prices. Growing demand is estimated to raise PV module gross profits to US$ 5 billion in 2015, which is more than twice the profits made in 2014 and a four-year record. Gross margins for the module industry will increase to 13 % in 2015. Although it will not return the numbers back to the period 2009-2011, it certainly is an industry turning point.

This year’s Intersolar should confirm deeper those forecasts. A turn in the production market and the new strategic partnerships are possibly to be developed. G-Solar makes his debut at the Intersolar, aiming to present its products to the solar industry. (Source: IHS)