This article provides an analysis of global installations/demand and global production/supply according to regions and technologies. The evaluated timeframe includes years 2010 and 2011. An outlook for 2012 is also provided on a best-estimate basis. Specifically, the implications of module shipments in 2011 and 2012(e) are presented. This is in line with an analysis of production capacities, their utilization rates and the corresponding impact on global profit margins.