Tuesday, 7 September 2010

Solar PV market to grow in 2010

Growth predictions for the global photovoltaic (PV) market this year range between 9GW and 24GW of newly installed capacity, according to a report published by the European Commission's Joint Research Centre (JRC). The Ninth Annual Photovoltaics Status report noted in 2009 PV cells world-wide produced 22GW of electricity, with 70% located in Europe. For 2010 it noted steady investment of $33.9bn (£22bn) and predicted the increasing number of market implementation programmes, combined with rising energy prices, would push demand up further.
JRC

No comments: