While government incentives for downstream customers fueled strong growth early on, tax credits reduced the cost of solar panels, making them more affordable for consumers and businesses.
According to a recent report from Pike Research, the total capacity of BIPV systems worldwide will grow from just over 400 MW in 2012 to 2,250 MW in 2017, a more than five-fold increase.
Global demand for robots is forecast to increase nearly 11% per year through 2016 to $20.2 billion, outpacing both the world’s economy and overall manufacturing activity, according to a new study.
Despite a slow start, the next five years will be a period of robust revenue growth for commercial construction companies, mainly because of the economic recovery, according to a market research report.