Worldwide Energy & Manufacturing USA Inc. (WEMU.OB) Anticipates Higher Demand for PV Modules
Yesterday, rapidly growing photovoltaic module supplier, Worldwide Energy & Manufacturing USA, Inc., announced that the continued shift towards solar energy alternatives has the company anticipating higher demand for its PV modules. iSuppli Corporation, a provider of market intelligence services, estimates that global PV installations will grow at a CAGR of 63.7% from 2009 to reach 19.3 GW by 2011. Additionally, Pike Research, a market research and consulting firm that provides in-depth analysis of global clean technology markets, noted several key factors that could cause a "remarkable increase" in solar demand over the next three years, including: largely untapped U.S. solar…