20.5GW of solar photovoltaics were fabbed in 2010 (mostly in China and Taiwan). 17.8GW were installed globally, according to the European Photonics Industry Consortium (EPIC) yearly report.
July 19, 2011 — EPIC, the European Photonics Industry Consortium, released its report on the 2010 photovoltaics (PV) market, production, deployment/installations, and R&D investment.
PV panel sales hit $82 billion (USD) in 2010.
Solar power installations reached 17.8GW, according to the report. 43% of the total cumulative PV installations in the world are built in Germany. EPIC’s data shows a 137% growth in installations over 2009.
|Figure 1. Installed photovoltaic generation capacity worldwide through 2010. Total PV installations worldwide have reached 40GW. SOURCE: EPIC 2011.|
Europe accounted for 14.7GW of installed solar in 2010, making photovoltaics the largest renewable energy install in the region for the first time, outpacing wind by nearly 60%.
|Figure 2. Total installed electrical generating capacity in Europe was 57.6GW in 2010. Renewables made up 45% of the mix. SOURCE: EPIC 2011.|
20.5GW of solar photovoltaics were manufactured in 2010, just slightly (15%) outpacing installations. China and Taiwan together fabbed 45% of the world supply of solar cells.
EPIC distributes its EPIC Photovoltaics Report exclusively to members. Learn more at www.epic-assoc.com.