Global Solar Photovoltaic 2009 Market Size Raised to 7.3 GW

Global Solar Photovoltaic 2009 Market Size Raised to 7.3 GW

15 de abril de 2010

Newly connected solar photovoltaic (PV) capacity in Germany soared to 1.46 GW in December, almost three times the previous record rate of monthly connections of 0.50 GW set in November.

This means that 38% of 2009 PV grid connections in the country were recorded in the final month of the year. As a consequence of this late surge, the 2009 PV market in Germany reached 3.87 GW and the global PV market rose to 7.30 GW, up 20% on prior year installations. This is an increase of 0.87 GW on the previous Solarbuzz 2009 market size determination.

The PV industry generated $43 billion in global revenues in 2009, while successfully raising over $13.5 billion in equity and debt, up 8% on the prior year. European countries accounted for 5.60 GW, or 77% of world demand in 2009. The top three countries in Europe were Germany, Italy and Czech Republic, which collectively accounted for 4.07 GW. All three countries experienced soaring demand, with Italy becoming the second largest market in the world.

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The third largest market in the world was the United States, which grew 36% to 485 MW. Following closely behind was a rejuvenated Japan, which took fourth spot, growing 109%.

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