Photovoltaics manufacturing barely outpaced installs in 2010

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.

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