Renewable Energy World
Europe's role as the main driver for the global solar photovoltaics (PV) market is coming to an end, concludes the European Photovoltaic Industry Association (EPIA) in its latest report.
"The results show clearly" that Europe's dominance is declining, said the trade body in its Global Market Outlook for Photovoltaics 2013-2017. Europe accounted for more than 70 percent of the world's new PV installations in 2011, while in 2012 this number was around 55 percent, the report found. In 2013, said EPIA, it "is almost certain" that the majority of new global PV capacity will be installed outside Europe, and that this trend will continue.
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