Surging Solar Demand to Trigger Four-Year Record High Supply Chain Profit in 2015, IHS Says

Multimedia
Dateline City:
LONDON, England
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Technology
Lee Graham for IHS, Inc., +1 212 333 4983
lee@leegrahampr.com

Ash Sharma
+44 1933 402255
ash.sharma@ihs.com

PV module gross profits will top $5 billion in 2015, which is more than double the profits garnered in 2014

LONDON, England (May 6, 2015) – IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, has identified at least 89 countries with solar photovoltaic (PV) end-markets that will show growth in solar installations in 2015, which is forecast to drive a 30 percent increase in demand. IHS forecasts that this demand growth will raise PV module gross profits to $5 billion in 2015, which is more than double the profits garnered in 2014 and a four-year record.

Language:
English

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