Featured in Launching pv magazine’s new sustainability initiative: UP – 05-2019

100 GW: PV in its teens

With almost 100 GW commissioned in 2018 (the same level as in 2017), the PV market was stable at a global level, writes Becquerel Institute’s Gaëtan Masson. This hides different market developments, as for example the decline of the Chinese PV market from 53 to 45 GW, and growth in other markets. The global market, exempting China, grew from 41 GW in 2016 to 46 GW in 2017, a rather big jump as it reached close to 55 GW in 2018.

By

pv magazine

13 May 2019

Image: Anesco

While the decline of the market in China (which might be temporary) contributed to a stagnant PV market in 2018, the perception of most actors in the industry was right: The market outside of China grew significantly. With the United States and Japanese markets almost stable, growth came primarily from India, Europe, and emerging markets. …

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