2.1    Market Segmentation .............................................................................................................

2.2    World PV Market....................................................................................................................

2.3    Regional Demand Growth.........................................................................................................

2.4    Major PV Markets..................................................................................................................

        2.4.1  Germany ....................................................................................................................
        2.4.2  Spain ........................................................................................................................
        2.4.3  Japan ........................................................................................................................
        2.4.4  United States .............................................................................................................
        2.4.5  Rest of Europe.............................................................................................................
                 Austria.......................................................................................................................
                 Belgium......................................................................................................................
                 Cyprus.......................................................................................................................
                 Czech Republic............................................................................................................
                 France.......................................................................................................................
                 Greece.......................................................................................................................
                 Italy..........................................................................................................................
                 Portugal......................................................................................................................
                 Switzerland.................................................................................................................
                 The Netherlands...........................................................................................................
                 United Kingdom ............................................................................................................
        2.4.6  Rest of World...............................................................................................................
                 Africa.........................................................................................................................
                 The Americas ..............................................................................................................
                 Asia/Pacific .................................................................................................................
                 South Asia ..................................................................................................................

3.1 Production Capacity Through The PV Manufacturing Chain................................................................

            3.1.1 Summary..................................................................................................................
            3.1.2 Silicon Feedstock Supply Capacity.................................................................................
            3.1.3 Solar Wafer Manufacturing Capacity .............................................................................
            3.1.4 Solar Cell Capacity.....................................................................................................
                   (a) Distribution by Technology......................................................................................
                   (b) Distribution by Region.............................................................................................
                   (c) Solar Cell Capacity Utilization...................................................................................
            3.1.5 Crystalline Silicon Solar Module Manufacturing Capacity ....................................................

3.2  PV Chain Production Volumes in 2007...........................................................................................

           3.2.1 Silicon Feedstock........................................................................................................
                   (a) Silicon Demand For Semiconductor Use......................................................................
                   (b) Silicon Demand For Solar Use...................................................................................
                   (c) Silicon Supply/Demand Mass Balance In 2007..............................................................
           3.2.2 Solar Cell Production (Crystalline Silicon and Thin Film).......................................................
           3.2.3 Global Mass Balance of Solar Cells in 2007........................................................................
           3.2.4 Correlating Production With The End-Customer Market Size.................................................

3.3     Manufacturing By Company.....................................................................................................

           3.3.1 Major Silicon Feedstock Manufacturers............................................................................
           3.3.2 Major Wafer Manufacturers...........................................................................................
           3.3.3 Major Cell Manufacturers..............................................................................................
                   (a) Crystalline Silicon ..................................................................................................
                   (b) Thin Films ............................................................................................................

4.1    Main Corporate Funding Activities.............................................................................................

4.2    Main Corporate Acquisitions/Divestments...................................................................................

4.3    Major Industry Events 2007....................................................................................................

5.1 Polysilicon Pricing ...................................................................................................................

         5.1.1 Historical Context........................................................................................................
         5.1.2 Evolving Customer Relationships.....................................................................................
         5.1.3 Prices Overview..........................................................................................................
         5.1.4 Long Term Contracts 5-10 Years....................................................................................
         5.1.5 Short-Term Contracts (Up to 1 Year) .............................................................................
         5.1.6 Spot Prices................................................................................................................

5.2 Wafer Prices...........................................................................................................................

5.3 Crystalline Silicon Cell Prices......................................................................................................

5.4 Module Factory Gate Prices ......................................................................................................

         5.4.1 Factory Gate Module Price Definitions..............................................................................
         5.4.2 European Solar Module Factory Gate Definitions................................................................
         5.4.3 United States Solar Module Factory Gate Definitions..........................................................
         5.4.4 Japanese Solar Module Factory Gate Definitions................................................................

5.5 Summary of Global Factory Gate Module Price Themes...................................................................

5.6 PV Chain Summary..................................................................................................................

5.7 Online Retail Module Prices and Efficiencies..................................................................................

         5.7.1 Methodology...............................................................................................................
         5.7.2 Survey Profile.............................................................................................................
         5.7.3 Regional Price Analysis..................................................................................................
                
                (a) Regional Price Analysis
                (b) European Prices by Power Band
                (c) United States Prices by Power Band
                (d) European vs United States Price on Dollar Basis

         5.7.4 Company Price Analysis: Average Retail Prices by Manufacturer............................................
                (a) 125 Watts and Above By Company
                (b) Monthly Price Moves
                (c) Average Prices by Module Model
                (d) Lowest Price Points

          5.7.5 Additions to Price Points in 2007 ...................................................................................
          5.7.6 Crystalliine Silicon Module Efficiencies.............................................................................
                (a) Index Methodology
                (b) Index Results
          5.7.3 United States PV Installed System Prices........................................................................

5.8 Worldwide Large Installed PV System Prices.................................................................................

         5.8.1 German Installed PV System Prices..................................................................................
         5.8.2 Japanese Installed PV System Prices...............................................................................
         5.8.3 United States Installed PV System Prices.........................................................................

6.1       Profile of Survey Participants..............................................................................................

6.2       Market Performance in 2007...............................................................................................

6.3       Present Commercial Environment.........................................................................................

6.4       2008 Market Expectations..................................................................................................

* this year's survey is based on the responses of Dealers and System Integrators
   received between January 17 - February 11, 2008.

   click here to see full list of Survey Questions

7.1  Key Messages From PV Market Performance In 2007.....................................................................

           7.1.1 Demand Side.............................................................................................................
           7.1.2 Supply Side .............................................................................................................
           7.1.3 2007 Supply/Demand Balance.......................................................................................

7.2 Scenario Introduction...............................................................................................................

           7.2.1 Overview..................................................................................................................
           7.2.2 Market Drivers...........................................................................................................

7.3 Five Year Scenarios (2008 - 2012)..............................................................................................

           7.3.1 The Scenario Approach ..............................................................................................
                  (a) BALANCED ENERGY SCENARIO
                  (b) GREEN WORLD SCENARIO
                  (c) PRODUCTION LED SCENARIO

7.4 Scenario Forecast Data............................................................................................................
  
            7.4.1 Summary Outcomes..................................................................................................
            7.4.2 World Market Demand...............................................................................................
            7.4.3 Learning Curve Correlation.........................................................................................
            7.4.4 Summary of Regional Market Demand Outcomes (2008-2012)...........................................
            7.4.5 Market Application Segment Forecasts........................................................................

7.5 Regional Market Commentary....................................................................................................

            (a) Germany ..................................................................................................................
            (b) Spain.......................................................................................................................
            (c) Japan.......................................................................................................................
            (d) United States............................................................................................................
            (e) Rest of Europe...........................................................................................................
            (f)  Rest of World............................................................................................................

7.6  Supply Scenario Forecasts.....................................................................................................

            7.6.1 Cell Production.......................................................................................................
                    (a) Status in 2007..................................................................................................
                    (b) Total Cell Production Forecast (2008-2012)............................................................
                    (c) Crystalline Silicon Cell Production (2008-2012)........................................................
                    (d) Thin Film Production (2008-2012)........................................................................

            7.6.2 Cell Manufacturing Capacity and Utilization...................................................................
            7.6.3 Silicon Feedstock Supply (2008-2012) ........................................................................
                    (a) Solar Demand....................................................................................................
                    (b) Semiconductor Demand.......................................................................................
                    (c) Total Silicon Feedstock Demand And Mass Balance...................................................
                    (d) Silicon Feedstock Manufacturing Capacity .............................................................

7.7 Global Average Production Costs..............................................................................................

                    (a) Crystalline Silicon...............................................................................................
                    (b) Thin Film..........................................................................................................

7.8 Global Price and Margin Environment..........................................................................................
     
            7.8.1 2008/2009 Commercial Environment............................................................................
            7.8.2 PV System Prices....................................................................................................
            7.8.3 2008/08 Module Factory Gate Pricing Levels.................................................................
            7.8.4 Global and Regional Factory Gate Prices (2008-2012).....................................................
                    (a) Global Average Prices..........................................................................................
                    (b) Major Regional Market Crystalline Module Prices.......................................................
            7.8.5 PV Margin Movements..............................................................................................
                    (a) Crystalline Silicon...............................................................................................
                    (b) Thin Film..........................................................................................................

7.9 Outlook Summary...................................................................................................................
 
            7.9.1 Global Production Costs, Margins, Prices and Industry Revenues.......................................
            7.9.2 Market Growth and Spread........................................................................................
            7.9.3 Policy Risk..............................................................................................................
            7.9.4 Rapidly Risk Supply Capacity......................................................................................
            7.9.5 Handliing a Time of Transition.....................................................................................
            7.9.6 "Conventional Wisdom" .............................................................................................
            7.9.7 The Ultimate Goal, Self Sustaining Grid Connect Markets.................................................
..