The meeco Group 2012 Global Solar Market Report

Swiss renewable energy group with steady growth, new market and solutions

2012 was the year major solar panel manufacturers like Q-Cells, Solyndra, Evergreen Solar or Solon went bankrupt. It will stay in people’s minds as a critical year for the entire solar energy sector, which depended heavily on government subsided green energy prices. The significant Feed-in Tariff cuts in Europe and uninterrupted solar PV modules price decrease deeply impacted the market behavior, the only positive note being the awakening of new emerging solar markets. Continuing economic challenges and changing policies have generated uncertainties, negative perspectives and reduced market growth in traditional renewable energy markets such as Germany, Spain, Italy, Greece, the UK or even France.

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