The photovoltaic solar industry has seen significant growth in the past three years. The demand for photovoltaic solar panels increased so much that production could not keep up. Businesses and homeowners were placed on waiting lists for photovoltaic solar panels.
Photovoltaic solar panel producers, such as Sharp and BP Solar, ramped up production to meet demand, but plans to increase photovoltaic solar panel production have been halted due to the world economic slow-down. Even so, total world photovoltaic production is expected to increase by 3.75 gigawatts to 11 gigawatts (renewableenergyworld).
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Brandon Best
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