As the old saying goes, it’s difficult to make predictions, especially about the future. And hindsight shows forecasts about the solar market are tricky.
Frost & Sullivan, a large market research firm, recently put out a report on the global solar PV market from 2014 to 2020 that lined up almost eerily with a late-2013 report from Navigant Research, a cleantech market research firm.
The Frost & Sullivan report predicts that the global solar PV market will more than double in size between 2013 and 2020 to become a $137 billion market; Navigant Research says it will be worth $134 billion by 2020.
With such similar forecasts, one might think the market is fairly easy to predict. That’s hardly the case…
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Author:
Zachary Shahan
Director of the CleanTechnica and Planetsave
