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Global market outlook for photovoltaics until 2013

Overview

In 2008, the Global Photovoltaic (PV) market reached 5.6 GW and the cumulative PV power installed totalled almost 15 GW compared to 9 GW in 2007. Spain represented almost half of the new installations in 2008 with about 2.5 GW of new capacities, followed by Germany with 1.5 GW of additional connected.
Publisher: EPIA

Published: April 1, 2009
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The US confirmed its trend with 342 MW of newly-installed PV systems, followed by South Korea which registered 274 MW of PV installations over the year. Italy connected almost 260 MW while France, Portugal, Belgium and the Czech Republic made good scores confirming Europe’s Global leadership in the deployment of solar PV energy.

A diversification of the market is taking place with countries adopting appropriate support policies, this is very good news for the PV industry and the environment.

Given the current crisis context, high uncertainties over the 2009 market exist. Experts believe the market could reach up to 7 GW in 2009, each individual country’s development influencing the final figure. The PV sector is hoping markets such as the US, Germany, France and Italy will pull the demand. Favourable policy frameworks are expected to further accelerate PV deployment in these countries. In 2013, the Global PV market could reach 22 GW if appropriate policies, such as Feed-in Tariffs (FiT), are in place.



European Photovoltaic Industry Association
Renewable Energy House
Rue d'Arlon 63-67
1040 Brussels - Belgium
Tel: +32 2 465 38 84
Fax: +32 2 400 10 10
www.epia.org