EPIA: PV (world) market continued to grow

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EPIA: PV (world) market continued to grow

Postby valentino » 25.01.2012, 12:57

The European Photovoltaic Industry Association (EPIA) announces in its market report 2011 (attached below) that some 75% of global market growth (in 2011) has been installed in Europe. These 75% equal almost 21 GW (60% in Italy and Germany). Further the report states, that it would be crucial to develop new markets for the PV-Industry.
"The PV industry is at a crossroads," said EPIA President Ingmar Wilhelm. "Whilst European markets have always outpaced home production, this will presumably no longer be the case in the years to come. New markets around the world will have to be opened up to drive PV development in the coming decade just as Europe accounted for it during the last decade."

source: eubusiness.com

The EPIA sees a total growth of 27.7 GW extending the overall installed capacity (in the world) from 39.7 GW in 2010 to 67.4 GW at the end of 2011. This equals a growth of almost 70% in 2011. :shock:

Here's the EPIA Market Report 2011 (PDF-File)

regards valentino
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