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Solar energy market scores big gains in 2010

By MB-BigB | July 12, 2010

Solar cell and panel makers are showing large gains in sales for the second quarter of 2010 compared to 2009. Year over year comparisons the shipment of solar panels globally are 92% higher this yar.    A total of 3.7 gigawatts of solar panels were shipped in the second quarter (that equals $7.1 billion in revenue).

IMS Research, the company that produced the report, is forecasting that a total of 14.6 gigawatts of solar panel generating capacity will be shipped this year, almost doubling the amount that was shipped in 2009.

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