July 25, 2014: Solar Supply Chain Revenue to Rise 24 Percent in Second Half
Revenue Is Forecast to Rise to $28.7 Billion in the Second Half, Up from $23.1 Billion in the First Half
ENGLEWOOD, Colo. — Following a weak performance during the first six months of the year, the global solar photovoltaic (PV) supply chain is set for strong 24 percent growth in the second half of 2014, driven by surging installations, according to IHS Technology.
Combined revenue for the PV polysilicon, wafer, cell, and module industries is forecast to rise to $28.7 billion in the second half of this year, up from $23.1 billion during the period from January through June. Revenue in the first half increased marginally by 1 percent compared to the second half of 2013.