This report by Pike Research, a market research and consulting firm that provides in-depth analysis of global clean technology markets, is the result of extensive interviews with both end-users and manufacturers conclude that for sustained growth in the U.S., incentives must be increased at the federal level.
Due largely to the credit crisis, funding for solar projects has been tight. In the U.S., this has particularly been the case, because banks are unwilling to lend to projects that have undetermined cash flows.
The five-year outlook is that the combination of federal and state incentives and falling module prices will work together to dramatically increase demand in the U.S.
This Pike Research report examines demand-side dynamics for solar PV projects in depth, analyzing government incentives, financing structures, and internal rates of return on a state-by-state level. Cost components for solar project development are quantified in detail, and the report also includes forecasts for leading solar PV markets around the world in addition to the U.S., providing a clear and actionable view of the size and timing of market opportunities.
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