Solar propelling distributed power to new heights, finds report


The global distributed power generation market is set to expand substantially over the next five years according to GlobalData Analyst, and will be driven largely by the solar PV sector.

In 2013, the distributed power market amounted to 190 GW globally, of which 92 GW of installed capacity was generated by solar PV – a 48% share of the market. Combined heat and power accounted for 28%, with wind power claiming 13%, said the analysts.

Europe's dominance of the solar PV distributed power sector will soon diminish, however, as the Asian Pacific region (including China), expands its reliance on distributed PV energy.

"Due to a number of EU member states that pioneered in offering subsidies and incentives to boost solar PV installations, Europe now holds an impressive 66% share of the world’s distributed solar PV capacity," said GlobalData project manager for alternative energy, Ankit Mathur. "However, following the 2009 financial crisis and recent budgetary constraints, most of the European PV markets have retracted their support by reducing such incentives. It is therefore expected that Europe will be supplanted by APAC (Asia-Pacific) as the market leader by 2019."

By the end of 2019, GlobalData expects distributed PV generation in the APAC region to reach 89 GW, with China and Japan at the forefront of this expansion.

"These countries' efforts in boosting distributed PV installed capacity will help them to reduce the burden on the grid and avoid transmission losses. It will also allow for rural electrification, which is a significant priority for most governments across the globe," concluded Mathur.

In 2013, the global solar PV distributed power market accounted for $74.8 billion, which was a 77% share of the total sector investments that year. By 2019, solar PV is expected to bankroll the global distributed power market to the tune of $114 billion.

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:


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

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.