A total of 14.6 gigawatts (GW) of new PV capacity will be added worldwide in 2010 according to latest forecasts from IMS Research. This 95% increase in installations will be driven by a number of countries, most notably Germany.

The last time a GW-sized global PV market grew on this scale was back in 2008 when the Spanish market overheated and accounted for 43% of new PV capacity.