IEA PVPS “Snapshot of Global PV Markets 2014”: At least 177 GW of PV are now installed world-wide

In 19 countries the annual PV contribution to electricity demand has passed the 1% mark, with Italy at the top with at least 7.9 % followed by Greece at 7.6% and Germany at 7%, finds the report.
In 19 countries the annual PV contribution to electricity demand has passed the 1% mark, with Italy at the top with at least 7.9 % followed by Greece at 7.6% and Germany at 7%, finds the report.

The International Energy Agency’s Photovoltaic Power System Programme IEA PVPS published its new Snapshot report on March 30th, 2015.

At least 177 GW of PV capacity are now installed worldwide, while in 2014, 38.7 GW of PV capacity were installed in the IEA PVPS countries and the major other markets (2013: 37.6 GW).

Preliminary to its Trends Report that will be published in September 2015, this report provides estimated data about solar photovoltaic (PV) capacity in the countries reporting to the IEA PVPS Programme and additional key markets.

This raised the total installed capacity in IEA PVPS countries and key markets to at least 177 GW, with 155 GW in IEA-PVPS countries and another estimated 22 GW of capacity installed in other major countries.

The Asia Pacific region represented in 2014 around 59% of the global PV market and was the leading region for the second year in a row. While Europe still represented 59% of this global market in 2012, its market share fell to 18%, a consequence of a reduced market in Europe and a growing global PV market.

 

USA, Canada and Chile are leading the America’s PV market

The PV market in the America’s continued to grow with the USA, Canada and Chile leading the pace. The Middle East remains a region in development for the PV market, despite PV plants announcements but Africa installed close to 1 GW thanks to the South African PV market.

 

Chinese PV market decreased slightly in 2014 to 10.6 GW

But the most important feature was observed in China that revised its 2013 numbers downwards to 10.95 GW and saw its market decreasing slightly in 2014 to 10.6 GW, with concerns about the ability to develop distributed PV.

The second largest market was Japan with 9.7 GW in 2014, ahead of the USA with 6.2 GW and finally three European markets: UK at 2.3 GW, Germany down at 1.9 GW and France with close to 1 GW.

 

Overall European PV contribution is amounting to around 3.5% of Europe’s electricity demand

In 19 countries the annual PV contribution to electricity demand has passed the 1% mark, with Italy at the top with at least 7.9 % followed by Greece at 7.6% and Germany at 7%.

The overall European PV contribution is amounting to around 3.5% of Europe’s electricity demand. Australia, Denmark, Israel and Japan have also passed the 2% mark but larger consumers of electricity such as China or the USA will require more PV capacity to reach this threshold.

Finally, PV has become a major source of electricity extremely rapidly in several countries all over the world. The speed of its development stems from its unique ability to cover most market segments, from the very small individual systems for rural electrification to utility-size power plants (today above 500 MW). From the built environment to large ground-mounted installations, PV finds its way, depending on various criteria that make it suitable for most environments.

Download the full report here: http://www.iea-pvps.org/index.php?id=trends0

 

2015-03-30 | Courtesy: IEA-PVPS | solarserver.com © Heindl Server GmbH

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