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PV market is dominated by large-scale PV projects

Large scale PV helps the industry grow

PV industry is gowing thanks to large scale PV

Global PV growth is related to large scale project, 60% of which belong to China, the U.S. and Japan, a increase of 50% from 2010.China, the U.S. and Japan accounted for some 60% of all large-scale PV projects in 2013, up from less than 10% in 2010.

The large-scale PV market is comprised of rooftop projects larger than 100 kW and ground-mounted installations. As the most recent figures from the solar analysts, NPD Solarbuzz , show that large scale solar PV installations toped 26 GW during 2013 and stand exclusively for the annual development of global PV demand from 30 GW in 2012 to 36 GW in 2013.

Moreover, the solar analysts group say that they discovered that the large-scale solar PV market included also rooftop projects bigger than 100 kW in size and ground-mounted solar PV projects.

China stands for almost one-third of all large-scale solar PV capacity planted in 2013. PV panels installed in China, the United States and Japan stand for almost 60% of large-scale PV projects. This percentage comes after the three countries accounted for under 10% of large-scale PV additions in 2010.

Germany, India and the United Kingdom gathered with China, the U.S. and Japan in reaching or approaching GW status for large-scale PV added in 2013.

NPD Solarbuzz predicts that this trend approaching large-scale PV will carry on in 2014, and nearly 75% of all new solar PV capacity added will exist thanks to this segment. Furthermore, new PV for emerging solar PV regions will provide more upside potential.

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Posted by on Jan 15 2014. Filed under _featured slider, Energy Market, Market News, Solar PhotoVoltaics, WORLD. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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