CLEAN ENERGY INVESTMENT -Demand versus historical and projected module production (GW)

DEMAND VERSUS HISTORICAL AND PROJECTED MODULE PRODUCTION (GW) ... 60 Current cell manufacturing capacity Historical Future 50 40 30 10 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 ISupply - crystalline silicon Supply - thin-film silicon ISupply - thin film non-silicon Demand - optimistic -Demand - conservative Note: Supply scenarios based on continued 2012 utilisation rates. Source: Bloomberg New Energy Finance 20 DEMAND VERSUS HISTORICAL AND PROJECTED MODULE PRODUCTION (GW) ... 60 Current cell manufacturing capacity Historical Future 50 40 30 10 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 ISupply - crystalline silicon Supply - thin-film silicon ISupply - thin film non-silicon Demand - optimistic -Demand - conservative Note: Supply scenarios based on continued 2012 utilisation rates. Source: Bloomberg New Energy Finance 20