Forecasts also show that the U.S., Japan, China and Italy are on their way to becoming leading markets within the international solar energy industry. Germany has, however, retained primary position.
Meanwhile, it has been reported that installations which are not connected to the power grid are growing, particularly in Africa, Asia and Latin America.
According to a statement released ahead of the Intersolar Europe trade show, due to start this Wednesday, the international PV market forecast from market research company iSuppli predicts a global expansion in PV of around 13.5 gigawatts (GW) for this year. With a total capacity of almost 10 GW though and a capacity increase of 3.8 GW in 2009, Germany is maintaining its position as the leading PV market.
iSuppli said that Germany will continue to lead the growth of the European market in the coming years, despite cuts to solar energy feed-in tariffs. Italy, the U.S. and Japan are currently on their way to becoming gigawatt markets. Large PV markets are also forming in France, China, Spain, Belgium and the Canadian province of Ontario, with a capacity of between 300 and 600 megawatts.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
Becky Beetz
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.