Market

 Since the publishing of the small-size FIT and until September 2009 the actual cumulative capacity that has been installed is around 3MW. Deployments have been hampered by the lack of financing for solar projects. Since September 2009, financing is available to these small projects and there is a significant increase in the rate of installations.

Projecting the spend over the next 5 years based solely on the existing and announced FITs as well as the two tenders that are in process yield a total market spend of approximately $2.8B.

This projection does not take into account the FIT that the PUA is expected to publish for CSP projects nor does it take into account additional tenders that the government is expected to issue.