In a report titled “2014 Outlook: Let the Second Gold RushBegin” Deutsche Bank increased its PV demand expectations for 2014and 2015 to 46 GWp and 56 GWp, respectively. Australia has beenidentified as one of the leading grid parity markets with aprojected volume of 1.16 GWp for 2014.
"The country is also witnessing a growth in its solarleasing market for both residential and commercial customers",Deutsche Bank's analysts write. "Several other playerslike Infinite Energy, SunPower and Photon Energy have also come upwith such offerings for residential/ commercial customers",the report continues, referring to Photon Energy GenerationAustralia (PEGA). PEGA launched successfully in December 2013,offering commercial energy users the possibility to harnessPV-generated electricity based on commercial hire purchase (CHP)agreements for PV installations or power purchase agreements(PPA).
In 2014, China is expected to confirm its position as thelargest market by growing by 50% to 12 GWp, followed by the USA andJapan with 8 GWp each, equalling the total size of the entireEuropean market.
More information about the report by Deutsche Bank can be found here.
An article about the surging Australian market including datafrom the Deutsche Bank report can be found here.