'Just' 29GW of PV in 2012, says report

Global PV demand reached just 29GW last year, according to market researcher NPD Solarbuzz, contradicting a recent report from the European Photovoltaic Industry Association (EPIA), which pegs the figure at 30GW and believes it may yet go up.

The 29GW figure from NPD Solarbuzz would imply a year-on-year expansion of the global PV market of 5%, the first time in a decade that annual growth fell short of 10%.

Even 29GW, however, would still be a record on the 27.7GW that Solarbuzz says was added last year. And in a sign of just how quickly the industry has grown in recent years, it would still be equivalent to a whopping 30% of the cumulative worldwide PV capacity connected to the grid at the end of 2012.

Regardless of the final figures, it is clear that Log in to read complete article.

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