It is clear from the results of 2012 and the forecast for the coming years that Europe’s leading role in the
PV market is coming to an end. In 2011, Europe accounted for 74% of the world’s new PV installations;
in 2012 this number was around 55%.
In 2013 it is almost certain that the majority of new PV capacity in the world will be installed outside of Europe. Part of the reason for the decline in Europe’s numbers is a natural cooling down period after very strong growth in the previous two years. To be sure, there are still markets in Europe which have strong and still-untapped potential and room for significant PV growth. But this will occur at a more stable – and sustainable – rate than it has in the last few years. Going forward, the driving forces will be in countries like China, the USA, Japan and India.
The PV market is finally starting to become truly global.... with pain for a few ones!
Other Countries will follow the trend. Solar energy is globally available ... it's just a question of time.
In 2013 it is almost certain that the majority of new PV capacity in the world will be installed outside of Europe. Part of the reason for the decline in Europe’s numbers is a natural cooling down period after very strong growth in the previous two years. To be sure, there are still markets in Europe which have strong and still-untapped potential and room for significant PV growth. But this will occur at a more stable – and sustainable – rate than it has in the last few years. Going forward, the driving forces will be in countries like China, the USA, Japan and India.
The PV market is finally starting to become truly global.... with pain for a few ones!
Other Countries will follow the trend. Solar energy is globally available ... it's just a question of time.
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