The global photovoltaic market has continued to expand despite the economic and financial crisis. Capacity in excess of 29 000 MWp was connected in 2011, which is roughly 12 200 MWp more than in 2010. The European Union is still the main hive of installation activity. It added more than 21 500 additional MWp of capacity to the grid last year, while outside the EU, the surging Chinese, American and Japanese markets vouch for the enormous growth potential offered by solar power worldwide.
Published: April 1, 2012