Distributed Solar Energy Market to Reach $55 Billion by 2012, Says Pike Research

BOULDER, Colo.--(Business Wire)--
Distributed energy generation, using a variety of renewable power technologies,
is one of the most important tools for addressing the challenge of meeting the
world`s growing electricity demands. Within the Renewable Distributed Energy
Generation (RDEG) market, sub-utility scale solar photovoltaics (PV) systems are
by far the largest and most significant segment. According to a recent report
from Pike Research, the distributed solar energy market is poised for dramatic
growth over the next few years, and the cleantech market intelligence firm
forecasts that global installed capacity will approach 2.5 gigawatts by 2012,
with annual system revenues surpassing $55 billion.

"Residential and commercial solar energy remains a subsidy-driven market, but we
expect the reliance on government and utility incentives to subside over the
next several years as cost structures improve with economies of scale," says
senior analyst David Link, who authored the report. "The dependence on feed-in
tariffs and other incentives will be far lower in Europe within 3-5 years and in
the U.S. within 5-10 years."

Distributed solar PV growth has been spearheaded in recent years by markets such
as Germany, Japan, Spain, and the United States. Pike Research forecasts that
the U.S. will become the largest market for small solar energy installations by
2011, surpassing Germany. Momentum is also strong in other European countries,
and China and India show significant promise in the long term.

Pike Research`s study, "Distributed Solar Energy Generation", analyzes the
global opportunity for distributed solar PV in the context of the broader RDEG
market. The study covers key business issues and drivers of demand, including
government-driven legislation and incentives as well as market-based factors.
Forecasts include worldwide solar energy generation capacity, system revenues,
and installed prices through 2013. An Executive Summary of the report is
available for free download on the firm`s website.

Pike Research is a market research and consulting firm that provides in-depth
analysis of global clean technology markets.The company`s research methodology
combines supply-side industry analysis, end-user primary research and demand
assessment, and deep examination of technology trends to provide a comprehensive
view of the Renewable Energy, Clean Transportation, Clean Industry, Green
Consumers, and Environmental Management sectors.For more information, visit
www.pikeresearch.com or call +1.303.997.7609.

Pike Research
Clint Wheelock, +1-303-997-7609
press@pikeresearch.com

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