Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Global Solar-Panel Demand May Double on Above-Market Rates

Global demand for solar panels may double this year as Germany and other European countries offer guaranteed, above-market rates for the power produced.

Solar-panel installations will probably rise to between 11.5 gigawatts and 14.8 gigawatts this year from 7.3 gigawatts in 2009, Bloomberg New Energy Finance said in its photovoltaic industry outlook.

State support in most European countries drives investment in photovoltaic equipment, NEF said. In Italy, the prices paid for solar power are as high as 43 euro cents (57 U.S. cents) for each kilowatt-hour generated. That’s about six times the wholesale rate earned by fossil-fuel-burning plants.

Operators of solar power stations in France, the U.K. and the Czech Republic are paid similar rates. Spain and Germany, the biggest solar equipment market, are reducing rates.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.