The European Photovoltaic Industry Association (EPIA) has reported that solar photovoltaic (PV) power increased by 16 GW in 2010 around the world, approximately double the increase seen in 2009.
Despite the continued financial crisis, falling solar prices around the world, good government subsidies (particularly in Germany and Italy), and an interest in addressing accelerated climate change helped to make 2010 such a successful year for the solar photovoltaic industry.
Cumulative solar capacity is now at 40 GW, 70% higher than the 23 GW it was at at the end of 2009.
Europe, alone, added about 13 GW of new solar power installations in 2010. Clearly, leading the world. Feed-in tariff programs in Germany and Italy, where nearly 7 GW and approximately 3 GW were added, respectively, were a major driver of 2010′s growth.
“Solar PV is continuing to develop in countries that put a feed-in tariff in place,” said EPIA economist Gaetan Masson.
Other than Germany and Italy, other countries with significant solar power growth were:
•the Czech Republic (1.3 GW)
•Japan (1 GW)
•United States (0.8 GW)
•France (0.5 GW)
•China (0.4 GW)
•Spain (0.4)
•Belgium (0.25)
•Greece (0.2)
“Solar panel prices have halved since 2007, say analysts, at about $1.8 per watt at the end of 2010 compared with $3.7 three years earlier,” Reuters reports.
Source: Cleantechnica.com, Zachary Shahan
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