In a March 2011 article in Photovoltaics World, Navigant’s Paula Mints analyses the growth and change in photovoltaic technologies. Despite anxiety over future FiT degressions, shipments in 2010 grew at 120% over 2009. Europe consumed 82% of all shipped technology and will continue as the largest market for photovoltaic technologies with rapidly decreasing tariff rates straining margins for manufacturers and system integrators. Historically, manufacturers have increased capacity significantly following years of strong demand, and added capacity more slowly (sometimes changing plans to add capacity) after years of low capacity utilization.
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