Research firm Fuji Keizai has issued a report saying thatthe global market for photovoltaic cells will hit JPY10trn (US$106bn) in the next ten years, through to 2020 -- a 500% increase over current demand. The global market size in 2008 was JPY2.11trn (US$22.44bn), and although the growth rate for this year has slowed because of the economic slowdown, Fuji Keizai is predicting a strong recovery in 2010. (Source: TT commentary from nikkei.co.jp,Aug 28, 2009)
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