09.10.2008 - Fortis/VM Group predict solar energy will boost silver demand
From Mine Web: The solar energy sector is expected to become a robust driver of the silver market in future as silver demand in solar energy is forecast to increase to about 1,270t by 2012. The Fortis/VM Group's latest Silver Book says silver demand from the solar panel sector was only 432t in 2007 based on the assumptions of maximum silver loadings per installed wattage of 0.12g/W, 4GW production (2007) and a 10% market share of non-silver containing thin film PV units...... Full Article: Source
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