World Solar Photovoltaic Market Grew to 6.43 Gigawatt in 2009
EVWIND - Solarbuzz Reports World Solar Photovoltaic Market installations reached a record high of 6.43 gigawatt (GW) in 2009, representing growth of 6% over the previous year. The PV industry generated $38 billion in global revenues in 2009, while successfully raising over $13.5 billion in equity and debt, up 8% on the prior year.
European countries accounted for 4.75 GW, or 74% of world demand in 2009. The top three countries in Europe were Germany, Italy and Czech Republic, which collectively accounted for 4.07 GW. All three countries experienced soaring demand, with Italy becoming the second largest market in the world.
