Global solar market grows to almost 100GW

Posted at March 16, 2018 » By : » Categories : News » Comments Off on Global solar market grows to almost 100GW

Global solar market grows to almost 100GW

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The global solar power market saw a strong year in 2017, with capacity increasing by 29.3%.

It grew to 98.9GW last year in comparison to 76.5GW in 2016, according to latest figures from SolarPower Europe.

Around 8.6GW of new solar capacity was added in 2017, up from 6.7GW the year before.

Turkey was the largest European solar market last year, connecting at least 1.79GW to the grid, followed by Germany with 1.75GW and the UK.

Michael Schmela, Executive Advisor and Head of Market Intelligence said: “After an astonishing 50% growth in 2016, many solar experts did not expect any growth in 2017.

“The fact that we saw solar continue to grow at such a high rate despite these analyses proves that solar has been constantly underestimated. The solar revolution is unstoppable and happening much faster than anticipated.”

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