Solar's Outlook Dazzles

RenewableEnergyWorld.com
At the end of last year, the global photovoltaic market hit a cumulative installed capacity of 40 GW, of which 16.6 GW was added during 2010. A year of unprecedented growth saw new capacity more than double from 7.2 GW in 2009. Worldwide, solar PV already produces some 50 TWh each year. By 2015, though, capacity could climb to range from 131 GW to 196 GW. (...) Germany continued to lead the PV market worldwide, with 7.4 GW installed over the year, while Italy added a substantial 2.3 GW. Other countries with significant growth included the Czech Republic, which saw a 1.5 GW expansion in 2010, a rise unlikely to be sustained in 2011. Japan gained 990 MW, the United States 900 MW, and France 700 MW. Spain regained some ground by installing 370 MW after two years of strongly adverse conditions. Belgium connected more than 420 MW of PV.