Incredible growth in Spanish solar market in 2008

From Solarplaza.com Jan 21, 2009: The Spanish PV market grew by more than 2661 Megawatts of new installed power in 2008. As a result, the global PV market has grown by around 5600 Megawatts. This enormous 100% increase compared with the 2007 figure explains part of the scarcity and high module prices in 2008. But, with a cap of 500 MW in 2009, it also means that the Spanish market will decrease in size by at least 80% (or more than 2100 MW) this year.
And how about Italy?
The most attractive feed-in tariffs can now be found in Italy. The market is growing rapidly as investors have discovered the opportunities, certainly with currently decreasing module prices. In terms of size, Italy will still be smaller than Spain in 2009, but with many projects under development, Italy could become the second largest market in the world in 2010.
Our comment: as far as the module prices are declining, the costs of licensing are rocketing - reaching easily 200 €/kW for a suitable one-MW spot in Southern Italy. But that's the demand-supply game in increasing demand state. However, roumors say that - thanks to the credit crunch - some large overseas investors have been requested to slow down the use of leverage for new PV plants.