Europe's PV dominance over – EPIA

The future PV driving force will be in nations such as the US, says EPIA

The future PV driving force will be in nations such as the US, says EPIA

As the world passed 100GW of installed PV, the body representing Europe’s industry has flagged up a “turning point” in the evolution of the global market that is seeing the continent’s leading role in the sector evaporate.

Global PV installations stood at 31GW in 2012, roughly the same as the record-setting performance of 2011, according to latest figures from The European Photovoltaic Industry Association (EPIA).

That brought global installed capacity to just over 102GW – a performance the body labelled as “remarkable during a time of economic crisis”.

But for the first time in more than a decade, the European PV market declined year-on-year and it was left to emerging solar economies to keep global growth on track.

EPIA says 17.2 GW of PV capacity was connected to the grid in Europe in 2012, compared Log in to read complete article.

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