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Global Market Outlook for Photovoltaics Until 2015
From the first PV applications in space to the GW systems planned today, more than 40
years have passed. Over the last decade, PV technology has acquired the potential to
become a major source of power generation for the world. That robust and continuous
growth is expected to continue in the years ahead. At the end of 2008, the world’s
cumulative installed PV capacity was approaching 16 GW. One year later it was
23 GW. In 2010, almost 40 GW are installed globally and produce some 50 TWh of
electricity every year.
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